Recap: Velodyne Lidar Q1 Earnings


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


Velodyne Lidar (NASDAQ:VLDR) reported its Q1 earnings results on Thursday, May 5, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Velodyne Lidar missed estimated earnings by 22.22%, reporting an EPS of $-0.22 versus an estimate of $-0.18.

Revenue was down $11.55 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 2.71% drop in the share price the next day.

Here's a look at Velodyne Lidar's past performance:

QuarterQ4 2021Q3 2021Q2 2021Q1 2021
EPS Estimate-0.17-0.14-0.14-0.12
EPS Actual-0.16-0.19-0.18-0.14
Revenue Estimate16.65M20.62M17.18M15.81M
Revenue Actual17.54M13.06M13.60M17.73M

To track all earnings releases for Velodyne Lidar visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: EarningsBZI-Recaps