Luminar Technologies, Inc. (LAZR) Reports Q3 Loss, Misses Revenue Estimates
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Luminar Technologies, Inc. (LAZR) reported a Q3 loss of $0.16 per share, which was better than the Zacks Consensus Estimate of a $0.19 loss. However, the company missed revenue estimates.
November 12, 2024 | 12:00 am
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Luminar Technologies reported a Q3 loss of $0.16 per share, better than the expected $0.19 loss, but missed revenue estimates.
The better-than-expected EPS loss is a positive sign, but missing revenue estimates could weigh on investor sentiment, likely leading to a short-term negative impact on the stock price.
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