AEye (NASDAQ:LIDR – Get 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.
About AEye
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
- Five stocks we like better than AEye
- Where to Find Earnings Call Transcripts
- Why Zscaler Stock Has Analysts So Excited
- What Are Some of the Best Large-Cap Stocks to Buy?
- Spotify Stock Surge: Why Investors Are Buying Despite High Prices
- What is the S&P 500 and How It is Distinct from Other Indexes
- 3 Stocks Near 52-Week Lows That Could Be Top Buys Right Now
Receive News & Ratings for AEye Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AEye and related companies with MarketBeat.com's FREE daily email newsletter.