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Luminar Technologies, Inc.

2.78

-0.0900-3.14%

Volume:646.11K

Turnover:1.79M

Market Cap:137.77M

PE:-0.32

High:2.83

Open:2.83

Low:2.74

Close:2.87

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Overview Company News Filings

Luminar Technologies Stock Soars Amid Strategic Gains

Post-Bell｜US Stocks Ends Higher as Trump Signals Tariff Respite; SMCI up 8%; Tesla Rises 5%; Palantir up 4%; Apple Jumps 2%; Micron Drops 8%; Nike Falls 5.5%

Tiger Newspress

Why Luminar Technologies Stock Zoomed 32% Higher Today

EV Stocks Soared This Week, but Tesla Lags Competitors

This Lidar Stock Was Left for Dead--Then It Jumped 14% Today

Luminar Technologies Shares up 17.4% After Smaller Than Expected Q4 Loss

THOMSON REUTERS

Luminar Technologies Insiders Benefitted From Selling Stock At US$5.10

Simply Wall St.

Luminar Technologies Shares up 9.1% Premarket After Smaller Than Expected Q4 Loss

THOMSON REUTERS

24H｜Quantum Stocks Plunge Agian; Micron Gains 2%; Nike and FedEx Sink 5%; Planet Labs Tumbles 11%

Tiger Newspress

Luminar Technologies, Inc. (LAZR) Reports Q4 Loss, Tops Revenue Estimates

Luminar Stock Pops on Surprise Gross Profit -- Barrons.com

Luminar Q4 Tops Estimates; Shares Rise After-Hours

MT Newswires Live

Luminar Technologies Inc reports results for the quarter ended December 31 - Earnings Summary

BRIEF-Luminar Reports Strong Q4’24 Business Update & Financials

Luminar Technologies Shares Rally After Strong Q4 Report: Details

Luminar Technologies Q4 Adj EPS $(1.42) Beats $(2.17) Estimate, Sales $22.48M Beat $17.72M Estimate

Luminar reports Q4 EPS ($1.26), consensus ($1.96)

Luminar Technologies Q4 2024 GAAP EPS $(1.26) May Not Be Comparable To $(2.54) Estimate, Sales $22.48M Beat $17.72M Estimate

Luminar Reports Strong Q4’24 Business Update & Financials

THOMSON REUTERS

Press Release: Luminar Reports Strong Q4'24 Business Update & Financials

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After a brutal 12-month stretch where the stock cratered 77%, shares jumped nearly 14% at 11.12am todaythanks to a fourth quarter that blew past expectations. Revenue came in at $22.5 million, beating forecasts by nearly 30%, while adjusted gross profit swung to a $14 million gain versus a projected $12 million loss. Even more telling?Revenue grew 45% quarter-over-quarter, and the company hit major milestones like launching series production with Volvo's EX90the first global vehicle to integrate Luminar's lidar alongside NVIDIA's AI platform.GuruFocus has detected 4 Warning Signs with LAZR.Execution. Vertical integration. Real contracts. Real cars. Luminar's not just another lidar startup selling dreams. It's shipping product, signing OEMs, and building a roadmap that investors can actually follow. If it delivers, this could be the comeback arc long-term investors have been waiting for.This article first appeared on","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/lidar-stock-left-dead-then-165648110.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4562","BK4149","BK4551","BK4124","VOLVF","BK4537","VLVLY","VOLAF","LAZR"],"gpt_icon":1},{"id":"2521728476","title":"Luminar Technologies Shares up 17.4% After Smaller Than Expected Q4 Loss","url":"https://stock-news.laohu8.com/highlight/detail?id=2521728476","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2521728476?lang=en_us&edition=fundamental","pubTime":"2025-03-21 21:38","pubTimestamp":1742564291,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250321:nL4N3Q4129:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4562","LAZR","BK4537","BK4551","BK4124"],"gpt_icon":0},{"id":"2521374712","title":"Luminar Technologies Insiders Benefitted From Selling Stock At US$5.10","url":"https://stock-news.laohu8.com/highlight/detail?id=2521374712","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2521374712?lang=en_us&edition=fundamental","pubTime":"2025-03-21 19:44","pubTimestamp":1742557450,"startTime":"0","endTime":"0","summary":"While it’s been a great week for Luminar Technologies, Inc. ( NASDAQ:LAZR ) shareholders after stock gained 34...","market":"nz","thumbnail":"https://images.simplywall.st/asset/industry/4012000-choice2-main-header/1585186808051","type":0,"news_type":0,"thumbnails":["https://images.simplywall.st/asset/industry/4012000-choice2-main-header/1585186808051"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://simplywall.st/stocks/us/automobiles/nasdaq-lazr/luminar-technologies/news/luminar-technologies-insiders-benefitted-from-selling-stock","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"simplywall_highlight","symbols":["BK4537","BK4551","BK4124","LAZR","BK4562"],"gpt_icon":1},{"id":"2521406840","title":"Luminar Technologies Shares up 9.1% Premarket After Smaller Than Expected Q4 Loss","url":"https://stock-news.laohu8.com/highlight/detail?id=2521406840","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2521406840?lang=en_us&edition=fundamental","pubTime":"2025-03-21 18:20","pubTimestamp":1742552410,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250321:nL4N3Q40QG:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["LAZR","BK4537","BK4562","BK4124","BK4551"],"gpt_icon":0},{"id":"1196716519","title":"24H｜Quantum Stocks Plunge Agian; Micron Gains 2%; Nike and FedEx Sink 5%; Planet Labs Tumbles 11%","url":"https://stock-news.laohu8.com/highlight/detail?id=1196716519","media":"Tiger Newspress","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1196716519?lang=en_us&edition=fundamental","pubTime":"2025-03-21 09:49","pubTimestamp":1742521794,"startTime":"0","endTime":"0","summary":"$Quantum Computing(QUBT)$ reported fourth quarter 2024 financial results that fell short of analyst expectations, sending shares down 17.3% in overnight trading. Its peers also sank again in overnight","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":true,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LAES","FDX","PL","QMCO","QBTS","NKE","LAZR","MU","QUBT","RGTI"],"gpt_icon":1},{"id":"2521088411","title":"Luminar Technologies, Inc. (LAZR) Reports Q4 Loss, Tops Revenue Estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=2521088411","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2521088411?lang=en_us&edition=fundamental","pubTime":"2025-03-21 06:50","pubTimestamp":1742511005,"startTime":"0","endTime":"0","summary":"Luminar Technologies, Inc.  came out with a quarterly loss of $1.42 per share versus the Zacks Consensus Estimate of a loss of $1.65. This compares to loss of $3 per share a year ago. These figures are adjusted for non-recurring items.Luminar Technologies , which belongs to the Zacks Automotive - Original Equipment industry, posted revenues of $22.48 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 34.15%. This compares to year-ago revenues of $22.11 million. The company has topped consensus revenue estimates just once over the last four quarters.Luminar Technologies shares have added about 34.6% since the beginning of the year versus the S&P 500's decline of -3.5%.While Luminar Technologies has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/luminar-technologies-inc-lazr-reports-225005236.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LAZR"],"gpt_icon":1},{"id":"2521494289","title":"Luminar Stock Pops on Surprise Gross Profit -- Barrons.com","url":"https://stock-news.laohu8.com/highlight/detail?id=2521494289","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2521494289?lang=en_us&edition=fundamental","pubTime":"2025-03-21 05:17","pubTimestamp":1742505420,"startTime":"0","endTime":"0","summary":"Shares of lidar maker Luminar Technologies jumped after the company reported stronger-than-expected fourth-quarter sales and gross profits.Thursday evening, the company announced fourth-quarter sales of $22.5 million, up from $22.1 million a year ago. Wall Street was looking for $17.7 million.Adjusted gross profit came in at $14 million. Wall Street was looking for a loss of about $12 million.Luminar shares were up 6.7% in after-hours trading at $6.70. Shares fell 13.3% in regular trading ahead of earnings, while the S&P 500 dropped 0.2% and the Dow Jones Industrial Average was flat.Through Thursday trading, shares were down 77% over the past 12 months. Falling sales estimates have weighed on investor sentiment. A year ago, Wall Street expected 2024 sales of about $115 million. Luminar reported roughly $75 million.\"This past year represents a culmination of a decade's worth of work with the launch of the Volvo EX90 -- the first global production vehicle with leading technologies like L","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4562","BK4551","BK4537","LAZR","BK4124"],"gpt_icon":1},{"id":"2521472494","title":"Luminar Q4 Tops Estimates; Shares Rise After-Hours","url":"https://stock-news.laohu8.com/highlight/detail?id=2521472494","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2521472494?lang=en_us&edition=fundamental","pubTime":"2025-03-21 05:15","pubTimestamp":1742505342,"startTime":"0","endTime":"0","summary":"Luminar Technologies  late Thursday reported a Q4 non-GAAP net loss of $1.42 per diluted share, compared with a $2.60 loss a year earlier.Analysts polled by FactSet, on average, expected a $1.87 loss.Revenue for the quarter ended Dec. 31 was $22.5 million, compared with $22.1 million a year earlier.Analysts expected $17.7 million.Shares of the automobile technology company were up over 6% in after-hours session.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4537","BK4551","BK4124","BK4562","LAZR"],"gpt_icon":1},{"id":"2521494315","title":"Luminar Technologies Inc reports results for the quarter ended December 31 - Earnings Summary","url":"https://stock-news.laohu8.com/highlight/detail?id=2521494315","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2521494315?lang=en_us&edition=fundamental","pubTime":"2025-03-21 05:01","pubTimestamp":1742504464,"startTime":"0","endTime":"0","summary":"Luminar Technologies Inc reports results for the quarter ended December 31 - Earnings SummaryLuminar Technologies Inc LAZR.OQ reported a quarterly adjusted loss of $1.42 per share for the quarter ende","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250320:nL8N3Q32CR:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LAZR"],"gpt_icon":1},{"id":"2521491992","title":"BRIEF-Luminar Reports Strong Q4’24 Business Update & Financials","url":"https://stock-news.laohu8.com/highlight/detail?id=2521491992","media":"Reuters","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2521491992?lang=en_us&edition=fundamental","pubTime":"2025-03-21 04:46","pubTimestamp":1742503594,"startTime":"0","endTime":"0","summary":"BRIEF-Luminar Reports Strong Q4’24 Business Update & FinancialsMarch 20 (Reuters) - Luminar Technologies Inc LAZR.O:LUMINAR REPORTS STRONG Q4’24 BUSINESS UPDATE & FINANCIALSSource text: ID:nBwb4bwnTaFurther company coverage: LAZR.O ((Reuters.Briefs@thomsonreuters.com;))","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250320:nTUA1GRKJP:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LAZR","BK4562","BK4551","BK4124","BK4537"],"gpt_icon":0},{"id":"2521994274","title":"Luminar Technologies Shares Rally After Strong Q4 Report: Details","url":"https://stock-news.laohu8.com/highlight/detail?id=2521994274","media":"Benzinga","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2521994274?lang=en_us&edition=fundamental","pubTime":"2025-03-21 04:33","pubTimestamp":1742502784,"startTime":"0","endTime":"0","summary":"Luminar Technologies releases its fourth-quarter results after Thursday&#39;s closing bell. Here&#39;s a look at the details from the report.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.benzinga.com/news/earnings/25/03/44425925/luminar-technologies-shares-rally-after-strong-q4-report-details","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU1429558221.USD","LU1267930227.SGD","LU1699723380.USD","LU0345774631.USD","USJW.SI","LU1691799644.USD","LU0788109477.HKD","LU1791710400.SGD","LU0109392836.USD","LU0234570918.USD","LU1670627923.USD","LAZR","BK4574","LU0234572021.USD","LU0476273544.USD","LU0477156953.USD","LU1868836757.USD","LU2237443978.SGD","LU0477156797.USD","IE00BFSS7M15.SGD","LU1201861249.SGD","LU1145028129.USD","LU0061474960.USD","LU1116320737.USD","IE00BJJMRY28.SGD","LU0345770308.USD","SGXZ31699556.SGD","SG9999018857.SGD","BK4548","LU0648000940.SGD","BK4124","GOOGL","LU0345769128.USD","LU0251142724.SGD","LU0353189763.USD","LU0354030438.USD","LU1066053197.SGD","GOOG","LU2108987350.USD","LU0289960550.SGD","LU0061474705.USD","BK4553","LU0889565833.HKD","LU1571399168.USD","LU1791710582.SGD","LU1244550494.USD","LU2237443549.SGD","BK4562","LU2362541273.HKD","IE00BK4W5L77.USD"],"gpt_icon":0},{"id":"2521249967","title":"Luminar Technologies Q4 Adj EPS $(1.42) Beats $(2.17) Estimate, Sales $22.48M Beat $17.72M Estimate","url":"https://stock-news.laohu8.com/highlight/detail?id=2521249967","media":"Benzinga","labels":["express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2521249967?lang=en_us&edition=fundamental","pubTime":"2025-03-21 04:26","pubTimestamp":1742502375,"startTime":"0","endTime":"0","summary":"Luminar Technologies (NASDAQ:LAZR) reported quarterly losses of $(1.42) per share which beat the analyst consensus estimate of $(2.17) by 34.56 percent. This is a 52.67 percent increase over losses of $(3.00) per share","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.benzinga.com/news/earnings/25/03/44425626/luminar-technologies-q4-adj-eps-1-42-beats-2-17-estimate-sales-22-48m-beat-17-72m-estimate","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"express","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LAZR"],"gpt_icon":1},{"id":"2521998044","title":"Luminar reports Q4 EPS ($1.26), consensus ($1.96)","url":"https://stock-news.laohu8.com/highlight/detail?id=2521998044","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2521998044?lang=en_us&edition=fundamental","pubTime":"2025-03-21 04:15","pubTimestamp":1742501729,"startTime":"0","endTime":"0","summary":"Reports Q4 revenue $22.5M, consensus $17.8M. “This past year represents a culmination of a decade’s worth of work with the launch of the Volvo EX90...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/luminar-reports-q4-eps-1-26-consensus-1-96?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/luminar-reports-q4-eps-1-26-consensus-1-96?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["LAZR"],"gpt_icon":0},{"id":"2521496474","title":"Luminar Technologies Q4 2024 GAAP EPS $(1.26) May Not Be Comparable To $(2.54) Estimate, Sales $22.48M Beat $17.72M Estimate","url":"https://stock-news.laohu8.com/highlight/detail?id=2521496474","media":"Benzinga","labels":["express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2521496474?lang=en_us&edition=fundamental","pubTime":"2025-03-21 04:10","pubTimestamp":1742501421,"startTime":"0","endTime":"0","summary":"Luminar Technologies (NASDAQ:LAZR) reported quarterly losses of $(1.26) per share which beat the analyst consensus estimate of $(2.54) by 50.39 percent.  The company reported quarterly sales of $22.48 million which beat","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.benzinga.com/news/earnings/25/03/44425022/luminar-technologies-q4-2024-gaap-eps-1-26-may-not-be-comparable-to-2-54-estimate-sales-22-48m-beat","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":"Luminar Technologies Q4 2024 GAAP EPS $(1.26) May Not Be Comparable To $(2.54) Estimate, Sales $22.48M Beat $17.72M Estimate","news_tag":"express","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LAZR"],"gpt_icon":0},{"id":"2521496345","title":"Luminar Reports Strong Q4’24 Business Update & Financials","url":"https://stock-news.laohu8.com/highlight/detail?id=2521496345","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2521496345?lang=en_us&edition=fundamental","pubTime":"2025-03-21 04:01","pubTimestamp":1742500860,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250320:nTUA1GRKJP:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4124","BK4562","BK4537","BK4551","LAZR"],"gpt_icon":0},{"id":"2521496597","title":"Press Release: Luminar Reports Strong Q4'24 Business Update & Financials","url":"https://stock-news.laohu8.com/highlight/detail?id=2521496597","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2521496597?lang=en_us&edition=fundamental","pubTime":"2025-03-21 04:01","pubTimestamp":1742500860,"startTime":"0","endTime":"0","summary":"Q4 Revenue Up 45% QoQ, Exceeding Forecasts; Gross Margin & OpEx Improvements. Secured New Contract with Industrial OEM & Luminar Halo Development Contract for Leading Auto OEM. \"This past year represents a culmination of a decade's worth of work with the launch of the Volvo EX90 - the first global production vehicle with leading technologies like Luminar and NVIDIA,\" said Austin Russell, Founder and CEO. \"We delivered a strong finish to 2024, achieving our key business milestones and outperforming our financial expectations in Q4. We're off to the races in 2025 by successfully transitioning key customers to Luminar Halo and securing new contracts, and expect LiDAR shipments to at least triple as more Luminar-equipped cars hit the road and we launch on additional models. Going forward, we'll also be unifying our product portfolio around Halo, allowing us to streamline the business for further efficiency, faster execution, and exponential growth.\". 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