Luminar Technologies (NASDAQ:LAZR) reported its Q1 earnings results on Tuesday, May 9, 2023 at 03:54 PM.
Here’s what investors need to know about the announcement.
Earnings
Luminar Technologies missed estimated earnings by 14.29%, reporting an EPS of $-0.24 versus an estimate of $-0.21.
Revenue was up $7.65 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.05 which was followed by a 1.23% increase in the share price the next day.
Here’s a look at Luminar Technologies’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.21 | -0.20 | -0.16 | -0.13 |
| EPS Actual | -0.26 | -0.18 | -0.18 | -0.16 |
| Revenue Estimate | 12.52M | 9.11M | 8.59M | 8.36M |
| Revenue Actual | 11.13M | 12.79M | 9.93M | 6.86M |
To track all earnings releases for Luminar Technologies visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
