Welcome to our dedicated page for Aeye news (Ticker: LIDR), a resource for investors and traders seeking the latest updates and insights on Aeye stock.
AEye Inc (LIDR) specializes in advanced lidar systems and intelligent vision platforms for autonomous vehicles, ADAS, and robotics. This news hub provides investors and industry professionals with centralized access to official press releases, financial updates, and technological developments from the Silicon Valley innovator.
Stay informed about AEye's progress in sensor fusion, deterministic AI applications, and strategic partnerships through timely, verified updates. The curated collection includes earnings reports, product launches, executive announcements, and industry recognition, offering critical insights into the company's market position.
Key areas of coverage span innovations in the 4Sight Intelligent Sensing Platform, collaborations with automotive and tech leaders, and advancements in active lidar technology. Each update is sourced directly from AEye's communications to ensure accuracy and compliance with financial disclosure standards.
Bookmark this page for streamlined tracking of AEye's milestones and operational developments. For comprehensive analysis of lidar industry trends and their investment implications, visit Stock Titan's research portal regularly.
AEye, Inc. (NASDAQ: LIDR), a leader in adaptive lidar solutions, is set to release its financial results for Q1 2023 on May 11, 2023, after market close. A conference call will follow at 1:30 p.m. PT to discuss the results and strategic benchmarks aimed at commercial production in automotive applications. The call will feature AEye's new management team, including CEO Matt Fisch and interim CFO Conor Tierney. The company emphasizes its innovative 4Sight™ Intelligent Sensing Platform, designed for advanced driver assistance and vehicle autonomy, among other applications.
AEye, Inc. (Nasdaq: LIDR) reported its financial results for Q4 and the full year 2022, emphasizing growth in its lidar technology. For Q4 2022, revenue was $1.1 million with a GAAP net loss of $23.7 million. Full-year revenue totaled $3.6 million, with a GAAP net loss of $98.7 million. The company has $94.2 million in cash and marketable securities as of year-end 2022. A significant leadership change was announced as CFO Robert Brown plans to resign by March 31, 2023, with Conor Tierney stepping in as interim CFO. A conference call to discuss these results is scheduled for March 15, 2023.
AEye, Inc. (NASDAQ: LIDR) will release its fourth-quarter and fiscal year 2022 financial results after the market close on March 15, 2023. The company will host a conference call and audio webcast at 2:00 p.m. PT (5:00 p.m. ET) on the same day. A recording of the call will be available afterward, along with supplemental financial information on the company’s website. AEye specializes in adaptive, high-performance lidar solutions for various applications, including autonomous vehicles and smart infrastructure, aiming to enhance safety and performance in transportation.
AEye, Inc. (NASDAQ: LIDR) announced an inducement equity award for new CEO Matthew Fisch. The grant includes 5,000,000 service-based and 2,000,000 performance-based restricted stock units (RSUs). The service-based RSUs will vest in increments, starting March 15, 2023. The performance-based RSUs are tied to the stock price reaching $1.20 for ten consecutive trading days before March 1, 2024. If the stock does not meet this condition, those RSUs will be forfeited. AEye specializes in software-defined lidar solutions aimed at enhancing vehicle autonomy and safety in various applications.
AEye, Inc. (NASDAQ: LIDR) has appointed Matt Fisch as its new CEO and board member, effective February 13, 2023. Fisch brings over 30 years of experience in leading software development and product commercialization across multiple industries, including automotive and consumer electronics. He previously held key positions at HARMAN International, Intel, and Verifone, enhancing product offerings in high-growth markets. This leadership change aims to boost AEye's transition towards commercializing its cutting-edge software-defined lidar technology and expanding its application across various sectors, particularly in automotive technology.
AEye, Inc. (NASDAQ: LIDR) announced the promotion of Dr. T.R. Ramachandran to Chief Operating Officer, effective immediately. Ramachandran, who previously served as Chief Product Officer, will lead product commercialization efforts. CEO Blair LaCorte will transition to a focused role, stepping down as CEO on February 28, 2023, while remaining on the board. AEye has made progress since its public debut in August 2021, launching new products and initiating pilot programs. The company will begin a search for a new CEO, ensuring leadership continuity through the formation of the Office of the Chief Executive Officer.
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