Luminar's Q3 sales came in way below Wall Street's expectations. So why did the stock rally?Luminar (LAZR 10.78%) stock posted big gains in Tuesday's trading following the publication of the company's latest quarterly results and the announcement of a new deal. The lidar technology specialist's share price closed out the daily session up 10.8% and had been up as much as 15.7% earlier in the day's trading.Luminar published its third-quarter results after the market closed yesterday, reporting sales that came ...

Luminar Technologies, Inc. (NASDAQ: LAZR ) recently reported Q3 results , which came in mixed, in my opinion, with slight improvements from a year ago. I wanted to take a look at the numbers in more detail and give some comments on where MSc in Finance. Long-term horizon investor mostly with 5-10 year horizon. I like to keep investing simple. I believe a portfolio should consist of a mix of growth, value, and dividend-paying stocks but usually end up looking for value more than anything. I also sell options ...

Transcript of Luminar Technologies, Inc. Q3 2024 Earnings Webcast, November 11, 2024 Yarden Amsalem Welcome, everyone, to Luminar's Third Quarter of 2024 Business Update call. My name is Yarden Amsalem and I am Luminar's Senior Manager of Investor Relations, covering for Aileen Smith while she is on maternity leave. With me today are Austin Russell, Luminar's Founder & Chief Executive Officer, and Tom Fennimore, our Chief Financial Officer. As a quick reminder, this call is being recorded. You can find the ...

Luminar Technologies, Inc. (NASDAQ:LAZR) Q3 2024 Earnings Call Transcript November 11, 2024 5:00 PM ET Company Participants Yarden Amsalem - Senior Manager of IR Austin Russell - Founder and CEO Tom Fennimore - CFO Conference Call Participants Winnie Dong - Deutsche Bank John Babcock - Bank of America Jash Patwa - JPMorgan Mark Delaney - Goldman Sachs Kevin Cassidy - Rosenblatt Tristan Gerra - Baird Operator My name is Yarden Amsalem, and I'm Luminar's Senior Manager of Investor Relations, covering for Aile ...

Luminar Technologies, Inc. (LAZR) came out with a quarterly loss of $0.16 per share versus the Zacks Consensus Estimate of a loss of $0.19. This compares to loss of $0.21 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 15.79%. A quarter ago, it was expected that this company would post a loss of $0.20 per share when it actually produced a loss of $0.18, delivering a surprise of 10%. Over the last four quarters, the company ha ...

Q3'24 Business Update November 2024 Luminar Creating advanced LiDAR and software[1] to enable the world's safest and smartest vehicles. © 2024 Luminar Technologies, Inc. All rights reserved. | 2 Please refer to Footnotes on page 37 for more detail. Disclaimer & Cautionary Note Forward-looking statements This presentation of Luminar technologies, inc. ("Luminar" or the "company") includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the U.S. Private securities litigation ...

In the latest trading session, Luminar Technologies, Inc. (LAZR) closed at $0.81, marking a +1.33% move from the previous day. The stock exceeded the S&P 500, which registered a loss of 0.28% for the day. Meanwhile, the Dow experienced a drop of 0.61%, and the technology-dominated Nasdaq saw a decrease of 0.33%. Coming into today, shares of the company had lost 10.42% in the past month. In that same time, the Auto-TiresTrucks sector lost 2.73%, while the S&P 500 gained 0.41%. Investors will be eagerly watch ...

In the latest market close, Luminar Technologies, Inc. (LAZR) reached $0.82, with a -1.07% movement compared to the previous day. This change lagged the S&P 500's daily loss of 0.76%. On the other hand, the Dow registered a loss of 0.75%, and the technology-centric Nasdaq decreased by 1.01%. The company's shares have seen a decrease of 10.38% over the last month, not keeping up with the Auto-TiresTrucks sector's loss of 4.32% and the S&P 500's gain of 4.31%. The investment community will be paying close att ...

Luminar Technologies, Inc. (LAZR) ended the recent trading session at $0.89, demonstrating a +0.87% swing from the preceding day's closing price. This move outpaced the S&P 500's daily loss of 0.96%. On the other hand, the Dow registered a loss of 0.94%, and the technology-centric Nasdaq decreased by 1.18%. The company's stock has climbed by 10.9% in the past month, exceeding the Auto-Tires-Trucks sector's gain of 7.24% and the S&P 500's gain of 4.3%. Analysts and investors alike will be keeping a close eye ...

MIAMI, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Luminar Media Group, Inc. (OTCMARKETS: LRGR), a small business revenue-based finance company with a focus on Hispanic and minority-owned businesses, has released its financial results for the 3rd Quarter of 2024. The report highlights substantial growth across key financial and operational metrics, further solidifying Fortun's expanding presence in providing essential capital to underserved markets. | --- | --- | |---------------------------------------|------------- ...