Aeye Inc - LIDR STOCK NEWS

AEye (Nasdaq: LIDR), a global leader in adaptive, high-performance lidar solutions, has scheduled its first quarter 2025 financial results announcement for Thursday, May 8, 2025, after market close. The company will host an investor conference call the same day at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time).

Supplemental financial information will be made available on the company's website before the earnings call. Investors can access the webcast through the provided link.

AEye (Nasdaq: LIDR), a global leader in adaptive, high-performance lidar solutions, has announced its participation in Bank of America's 2025 Global Automotive Summit. The event will take place in New York, NY on April 16, 2025.

CEO Matt Fisch and CFO Conor Tierney will represent the company's executive management team, conducting one-on-one and small group meetings during the conference. Interested parties can request meetings by contacting aeye@finprofiles.com. Investor materials are accessible through AEye's website investor relations section.

AEye (NASDAQ: LIDR) reported its Q4 2024 results, highlighting significant milestones including the successful U.S. launch of Apollo, their behind-the-windshield lidar solution, at CES. The company achieved a Q4 2024 GAAP net loss of $(8.5) million, or $(0.93) per share, and a non-GAAP net loss of $(6.3) million, or $(0.69) per share.

Financial highlights include beating quarterly cash burn guidance for the fourth consecutive quarter, with Q4 cash burn at $4.8 million. The company ended Q4 2024 with $22.3 million in cash and marketable securities, raising an additional $12.7 million in early 2025, bringing total potential liquidity to approximately $80 million. The cash runway has been extended to mid-2026.

For 2025, AEye expects cash burn of $25 million, a moderate increase from 2024 due to investments in Apollo's high-volume production ramp.

AEye (Nasdaq: LIDR), a global leader in adaptive, high-performance lidar solutions, has announced its upcoming fourth quarter 2024 financial results release. The company will disclose its financial performance for the quarter ended December 31, 2024, after market close on Thursday, February 20, 2025.

A conference call and audio webcast are scheduled for the same day at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). The company will make supplemental financial information available on its website before the earnings call.

AEye (Nasdaq: LIDR), a leader in adaptive, high-performance lidar solutions, has announced its participation in the upcoming Alliance Global Partners (A.G.P.) Virtual Technology Conference. The event is scheduled for February 12, 2025, where CFO Conor Tierney will represent the company in one-on-one meetings.

Interested parties can request meetings with AEye by contacting aeye@finprofiles.com. Additional details about the conference participation will be accessible through the Investor Relations section of AEye's website.

AEye (Nasdaq: LIDR), a leader in adaptive, high-performance lidar solutions, announced advancements in its Apollo 4Sight™ system. Apollo has achieved record-breaking performance with its ability to detect hard-to-perceive black vehicles at over 300 meters while maintaining a 120° x 20° field of view from behind the windshield. This represents a significant improvement over traditional lidar units mounted on vehicle roofs, addressing optical challenges posed by standard glass windshields. Dynamic tests utilized a Wideye® windshield optimized for high infrared transparency, showcasing AEye's 1550-nanometer lidar capabilities.

AEye CEO Matt Fisch highlighted the advantages of this integration, including reduced system costs and a cleaner vehicle roofline. AEye claims that Apollo now offers the best lidar solution available. Attendees of CES 2025 from January 7-10 can experience live demonstrations of Apollo. Interested customers and partners can contact CES@AEye.ai for live demo inquiries.

AEye (Nasdaq: LIDR) announced it will showcase its Apollo lidar sensor at CES 2025 in Las Vegas from January 7-10. The Apollo sensor recently achieved a significant milestone by detecting objects at distances up to one kilometer, while maintaining what is believed to be the smallest form factor in the lidar industry.

The company will offer both showroom floor and in-vehicle demonstrations of the Apollo sensor at booth #42227, highlighting its windshield integration capabilities. CEO Matt Fisch emphasized that Apollo's ability to collect high-resolution data over long distances is important for advancing automotive safety and security, particularly when combined with AI-powered decision-making systems.

AEye (LIDR) reported Q3 2024 results with revenue of $104 thousand and a GAAP net loss of $(8.7) million. The company's Apollo lidar system achieved significant milestones, including meeting NVIDIA DRIVE Hyperion specifications and setting a new long-distance performance standard of 1 kilometer. Cash burn was $5.6 million, beating guidance of $5.9 million. The company ended Q3 with $22.4 million in cash and equivalents, implementing new financial instruments to extend runway. Plans are underway to establish an Apollo manufacturing line with LITEON in 2024, with multiple OEM quotations in progress.

AEye Inc (Nasdaq: LIDR), a leader in adaptive lidar solutions, has scheduled its Q3 2024 financial results release for Tuesday, November 12, 2024, after market close. The company will host a conference call and audio webcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day. Supplemental financial information will be available on AEye's website before the earnings call.