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

Aeye

14/05/2024 23:40

* AEye Inc  LIDR.OQ  reported a quarterly adjusted loss of
$1.13​​
per share for the quarter ended in March, higher than the same
quarter last year, when the company reported EPS of $-3.30.  The
lone analyst forecast for the quarter was for a loss of $1.40
per share. 
    * Revenue fell 96.9% to $20.00 thousand from a year ago;
analysts
expected $100.00 thousand. 
    * AEye Inc shares had risen by 99.2% this quarter and
gained 8.7%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 16.7%
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 May 14 at
10:40 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
 Mar. 31 2024      -1.40          -1.13          Beat
 Dec. 31 2023      -1.20          -1.10          Beat
 Sep. 30 2023      -1.80          -1.50          Beat
 Jun. 30 2023      -2.70          -2.10          Beat