Lidar sensors maker AEye Q3 net loss widens to $9.3 mln

Aeye

06/11/2025 22:21

Overview

AEye Q3 GAAP net loss widened to $9.3 mln

Company doubled customer base and secured investment for production expansion

AEye ended Q3 with $84.3 mln in cash, quadruple from previous quarter

Outlook

AEye expects 2025 cash burn between $27 mln and $29 mln

Result Drivers

CUSTOMER BASE EXPANSION - AEye doubled its customer base to 12, indicating increased market traction

STRATEGIC INVESTMENT - Secured investment to expand Apollo production capacity to 60,000 units annually

NEW PARTNERSHIPS - Collaborations with Black Sesame Technologies, Blue-Band, and Flasheye are driving commercial traction

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Net Income
-$9.33 mln
Q3 Basic EPS
-$0.30
Q3 Income From Operations
-$7.83 mln
Q3 Operating Expenses
$7.77 mln


Analyst Coverage

The one available analyst rating on the shares is "buy"

The average consensus recommendation for the electronic equipment & parts peer group is "buy"

Wall Street's median 12-month price target for AEye Inc is $6.00, about 62.8% above its November 5 closing price of $2.23

Press Release: ID:nBwXFwlna

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)