Aeye Inc Stock Price, News & Analysis

AEye (NASDAQ: LIDR), a leading lidar solutions provider, announced the re-election of directors Timothy Dunn and Sue Zeifman at its Annual Meeting on May 15, 2025. Dunn will continue as Audit Committee Chair, while Zeifman remains Compensation Committee Chair. CEO and Board Chair Matt Fisch expressed satisfaction with stockholder alignment regarding the company's strategic vision and operating discipline implemented since 2023. The company emphasized its commitment to maintaining board continuity and increased stockholder engagement to build long-term value.

AEye (NASDAQ: LIDR), a lidar solutions provider, reported its Q1 2025 results with notable operational progress despite financial losses. The company achieved key milestones including the start of Apollo manufacturing at LITEON, with B-sample deliveries to automotive OEMs expected in Q2 2025. AEye reached the final testing phase for Apollo's integration into NVIDIA's DRIVE platform and secured new customer agreements in Transportation Systems and Defense markets.

Financial highlights include a GAAP net loss of $(8.0) million ($(0.46) per share) and non-GAAP net loss of $(5.8) million. The company ended Q1 with $25.9 million in cash and equivalents, with potential liquidity of $74 million. AEye revised its 2025 cash burn forecast to $27-29 million, up from $25 million, due to litigation settlement and potential convertible note repayment.

AEye (LIDR) has announced the successful production of its first Apollo lidar sensors from LITEON's manufacturing line in Taipei, Taiwan. The Apollo sensor, designed to detect objects at highway speeds with a one-kilometer range, represents a significant advancement in automotive safety and autonomous mobility technology.

This milestone marks the operational launch of the production line through AEye's partnership with LITEON, their automotive Tier 1 manufacturing partner. CEO Matt Fisch emphasized that this achievement enables them to deliver high-quality, consistent Apollo sensors to automotive OEMs at scale, aligning with AEye's capital-light business model.

AEye (NASDAQ: LIDR) has issued a letter to stockholders regarding its upcoming 2025 Annual Meeting on May 15, urging them to vote with the WHITE proxy card in favor of the company's nominees Timothy Dunn and Sue Zeifman, while opposing dissident nominees.

The company highlights achievements since 2023 under CEO Matthew Fisch's leadership, including:

• Launch of Apollo, a new lidar product
• 75% reduction in quarterly spending
• Raising $24 million in additional funding
• Partnership with top-tier manufacturing partner
• Creating largest customer pipeline in company history

AEye faces opposition from a dissident group led by former employees seeking board control. The company emphasizes that current management has addressed previous business weaknesses and positioned AEye for growth in the lidar market, while warning that the dissident group's agenda could threaten company stability and stockholder interests.

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.