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

Aeye

11/05/2023 22:40

* AEye Inc  LIDR.OQ  reported a quarterly adjusted loss
of 16
cents​​ per share for the quarter ended in March. The lone
analyst forecast for the quarter was for a loss of 13 cents per
share.
    * Revenue fell 41.2% to $636.00 thousand from a year ago;
analysts
expected $600.00 thousand. 
    * AEye Inc's reported EPS for the quarter was a loss of 16
cents​.
    * The mean earnings estimate of analysts had risen by
about 17% 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 fallen by 35.5% this quarter and
lost 57.8%
so far this year.
    * The company reported a quarterly loss of $26.27 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 May
11 at 09:40 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.13          -0.16          Missed
 Dec. 31 2022      -0.15          -0.15          Met
 Sep. 30 2022      -0.18          -0.15          Beat
 Jun. 30 2022      -0.15          -0.17          Missed