Luminar sale approved despite last-minute mystery bid
Moments before a bankruptcy judge was expected to approve the sale of Luminar's lidar business, an unidentified party submitted an offer that apparently blew away the leading bid of $33 million.
Luminar receives a larger $33 million bid for its lidar business
Luminar received an even higher bid for its lidar business as a court-run auction concluded on Monday, according to a new filing in the company's bankruptcy case.
Luminar lines up $22 million bidder for its lidar business
Luminar has reached a deal to sell its lidar business to a company called Quantum Computing Inc. for just $22 million, unless it receives better offers by a deadline of 5:00 p.m. CT on Monday.
Luminar claims founder Austin Russell is dodging a subpoena in the bankruptcy case
Lidar-maker Luminar says its founder and former CEO Austin Russell has been evading requests for information — including a subpoena — that the company needs in order to decide whether it should take legal action against him.
How Luminar's doomed Volvo deal helped drag the company into bankruptcy
In early 2023, Luminar was riding high. After going public during the pandemic and scoring a key deal with Volvo, the company had added Mercedes-Benz and Polestar as customers of its “life-saving” lidar sensors.
Luminar Technologies Files for Bankruptcy
The company plans to sell its Luminar Semiconductors subsidiary to Quantum Computing for $110 million.
Lidar-maker Luminar files for bankruptcy
Lidar company Luminar has filed for Chapter 11 bankruptcy protection after months of layoffs, executive departures, and a legal fight with its largest customer, Volvo.
Luminar Technologies (LAZR) Upgraded to Buy: What Does It Mean for the Stock?
Luminar Technologies (LAZR) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Luminar is fighting with its biggest customer as bankruptcy threat looms
Swedish automaker Volvo has cancelled a five-year-old contract with Luminar, the latest escalation in an increasingly-ugly brawl between the lidar sensor company and its biggest customer.
3 Original Auto Equipment Stocks Navigating a Complex Market Landscape
MGA, QS and LAZR navigate mixed demand, new tariffs and rising electronics needs as the auto equipment landscape shifts.
Luminar Technologies, Inc. (LAZR) Q3 2025 Earnings Call Transcript
Luminar Technologies, Inc. ( LAZR ) Q3 2025 Earnings Call November 13, 2025 5:00 PM EST Company Participants Yarden Amsalem - Head of Investor Relations Paul Ricci - CEO & Director Thomas J. Fennimore Conference Call Participants Yan Dong - Deutsche Bank AG, Research Division Jash Patwa - JPMorgan Chase & Co, Research Division Presentation Operator Good day, and thank you for standing by.
Luminar Technologies, Inc. (LAZR) Reports Q3 Loss, Beats Revenue Estimates
Luminar Technologies, Inc. (LAZR) came out with a quarterly loss of $0.94 per share versus the Zacks Consensus Estimate of a loss of $1.05. This compares to a loss of $2.4 per share a year ago.
