FY25 revenue guidance implies $82.9M-$90.5M, consensus $109.4M. Sees 3-times expected increase in LiDAR shipments for series production, with growth “assuming FY25 sensor shipments of 30k-33k vs. 9k in FY24, reflecting a 50% discount to IHS forecast”. Sees FY25 Free Cash Flow to improve y/y, “driven by cost reduction actions executed in FY24 & additional actions outlined for FY25.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LAZR:
- Luminar sees Q1 revenue down from $22.5M in Q4, consensus $20.9M
- Luminar reports Q4 EPS ($1.26), consensus ($1.96)
- Luminar Technologies options imply 17.0% move in share price post-earnings
- Options Volatility and Implied Earnings Moves Today, March 20, 2025
- Is Luminar Technologies (LAZR) a Good Stock to Buy before Earnings?
Questions or Comments about the article? Write to editor@tipranks.com