Lidar company Luminar reached a deal with Yorkville Advisors Global and an unnamed investor that could bring another $200 million into its coffers through the sale of convertible preferred stock over ...

ORLANDO, Fla.--(BUSINESS WIRE)-- Luminar (Nasdaq: LAZR), a leading global automotive technology company, today announced it will provide its business update for the second quarter of 2025 following ...

ORLANDO, Fla.--(BUSINESS WIRE)-- Luminar (Nasdaq: LAZR), a leading global automotive technology company, today announced it will provide its quarterly update for the third quarter of 2025 following ...

Q2 consensus sees revenue of $17.27M and EPS of –$1.18, reflecting narrower losses but only ~5% top-line growth. CEO transition looms large after founder Austin Russell resigned abruptly last quarter.

・Luminar stated that it anticipates incurring approximately $2 million to $3 million in cash charges related to employee severance and other employee costs, primarily in the fourth quarter of 2025.

Luminar revised its 2025 revenue guidance to $67 million to $74 million, down from the prior outlook of $82 million to $90 million. Sensor shipment outlook for 2025 is now 20,000 to 23,000 units, ...