Luminar Q4 Tops Estimates; Shares Rise After-Hours

MT Newswires Live

03/21

Luminar Technologies (LAZR) late Thursday reported a Q4 non-GAAP net loss of $1.42 per diluted share, compared with a $2.60 loss a year earlier.

Analysts polled by FactSet, on average, expected a $1.87 loss.

Revenue for the quarter ended Dec. 31 was $22.5 million, compared with $22.1 million a year earlier.

Analysts expected $17.7 million.

Shares of the automobile technology company were up over 6% in after-hours session.

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