AEye (NASDAQ:LIDR) Announces Earnings Results

AEye (NASDAQ:LIDRGet Free Report) released its earnings results on Tuesday. The company reported ($0.70) EPS for the quarter, beating the consensus estimate of ($0.89) by $0.19, Zacks reports. The company had revenue of $0.10 million during the quarter. AEye had a negative return on equity of 144.00% and a negative net margin of 24,308.44%.

AEye Price Performance

Shares of AEye stock opened at $1.07 on Friday. The business has a fifty day simple moving average of $1.15 and a 200 day simple moving average of $1.65. The company has a quick ratio of 3.34, a current ratio of 3.38 and a debt-to-equity ratio of 0.01. AEye has a 12 month low of $0.92 and a 12 month high of $5.74.

Analyst Ratings Changes

Separately, Westpark Capital reissued a “hold” rating on shares of AEye in a report on Monday, August 5th.

View Our Latest Stock Report on LIDR

About AEye

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AEye, Inc, together with its subsidiaries, provides lidar systems for vehicle autonomy, advanced driver-assistance systems, and robotic vision applications in the United States, Europe, and Asia-Pacific. It offers 4Sight intelligent sensing lidar platform, including 4Sight at Design, Triggered 4Sight, Responsive 4Sight, and Predictive 4Sight; and 4Sight for automotive and industrial market.

Further Reading

Earnings History for AEye (NASDAQ:LIDR)

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