AEye (NASDAQ:LIDR) reported its Q1 earnings results on Thursday, May 11, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
AEye beat estimated earnings by 15.38%, reporting an EPS of $-0.11 versus an estimate of $-0.13.
Revenue was down $446 thousand from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.04 which was followed by a 2.71% increase in the share price the next day.
Here’s a look at AEye’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.15 | -0.18 | -0.15 | -0.13 |
| EPS Actual | -0.11 | -0.11 | -0.13 | -0.13 |
| Revenue Estimate | 1.02M | 730K | 830K | 730K |
| Revenue Actual | 1.09M | 767K | 706K | 1.08M |
To track all earnings releases for AEye visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
