AEye Inc reports results for the quarter ended in June - Earnings Summary

Aeye

07/08/2023 23:05

* AEye Inc  LIDR.OQ  reported a quarterly adjusted loss of 9
cents​​ per share for the quarter ended in June. The lone
analyst forecast for the quarter was for a loss of 9 cents per
share.
    * Revenue rose 170.7% to $1.91 million from a year ago;
analysts
expected $600.00 thousand. 
    * AEye Inc's reported EPS for the quarter was a loss of 9
cents​.
    * The mean earnings estimate of analysts had risen by
about 30.8%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * AEye Inc shares had risen by 140.6% this quarter and
lost 9.8%
so far this year.
    * The company reported a quarterly loss of $16.03 million.
    * Wall Street's median 12-month price target for AEye Inc is
$1.00
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 7 at 10:05 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.09          -0.09          Met
 Mar. 31 2023      -0.13          -0.16          Missed
 Dec. 31 2022      -0.15          -0.15          Met
 Sep. 30 2022      -0.18          -0.15          Beat