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

Aeye

05/08/2024 22:36

* AEye Inc  LIDR.OQ  reported a quarterly adjusted loss
of 91
cents​​ per share for the quarter ended in June, higher than the
same quarter last year, when the company reported EPS of
$-2.10.  The lone analyst forecast for the quarter was for a
loss of $1.16 per share. 
    * Revenue fell 94.4% to $32.00 thousand from a year ago;
analysts
expected $100.00 thousand. 
    * The company reported a quarterly loss of $7.99 million.
    * AEye Inc shares had fallen by 31.8% this quarter and
lost 41.9%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 10.8%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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." 
    * The average consensus recommendation for the electronic
equipment & parts peer group is also "hold"

This summary was machine generated from LSEG data August 5 at
09:36 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      -1.16          -0.91          Beat
 Mar. 31 2024      -1.40          -1.13          Beat
 Dec. 31 2023      -1.20          -1.10          Beat
 Sep. 30 2023      -1.80          -1.50          Beat