fbpx
QQQ
+ 2.23
345.51
+ 0.64%
DIA
+ 3.29
335.50
+ 0.97%
SPY
+ 2.64
419.97
+ 0.62%
TLT
+ 0.19
143.08
+ 0.13%
GLD
+ 0.07
166.08
+ 0.04%

What's Going On With Luminar Technologies Stock Today?

May 14, 2021 9:38 am
Share to Linkedin Share to Twitter Share to Facebook Share to Print License More

Luminar Technologies Inc (NASDAQ:LAZR) shares are trading higher after the company reported better-than-expected first-quarter EPS results up from last year.

Luminar Technologies reported quarterly losses of 8 cents per share, improving from a loss of 11 cents per share from the same period last year. Luminar also reported FY21 revenue growth of 37% year-on-year to $5.3 million, beating the analyst consensus of $4.83 million.

Luminar Technologies is an autonomous vehicle sensor and software company with the vision to make autonomy safe and ubiquitous by delivering the lidar and associated software that meets the industry's stringent performance, safety and economic requirements.

For the latest in financial news, exclusive stories, memes follow Benzinga on Twitter, Facebook & Instagram. For the best interviews, stock market talk & videos, subscribe to our YouTube channel.


Related Articles

Is Now The Time To Buy Stock In Luminar Technologies, Coinbase Or Virgin Galactic?

One of the most common questions traders have about stocks is “Why Is It Moving?” That’s why Benzinga created the Why Is It Moving, or WIIM, feature in Benzinga Pro. WIIMs are a one-sentence description as to why that stock is moving. read more

Thinking About Buying Stock In Luminar Technologies Or Plug Power?

Analysts and brokerage firms often use ratings when they issue stock recommendations to stock traders. Analysts arrive at stock ratings by researching public financial statements, communicating with executives and customers, and following industry trends. read more

3 Bullish EV Suppliers Going Into The Week

As the world switches from combustion engines to electric powered modes of transportation, investors and traders are beginning to focus on the companies that produce and manufacture supplies for this market. read more