Streetbeat News

LIDR

AEye, Inc.

https://www.aeye.ai

Industry

Auto - Parts

AEye, Inc. provides lidar systems for vehicle autonomy, advanced driver-assistance systems, and robotic vision applications in the United States, Europe, and Asia. It offers 4Sight A, a software-configurable lidar solution for automotive markets, including 4Sight at Design, Triggered 4Sight, or Responsive 4Sight software levels; and 4Sight M, a software-configurable lidar solution for the mobility and industrial markets, including 4Sight at Design, Triggered 4Sight, Responsive 4Sight, and Predictive 4Sight software levels. The company was formerly known as US LADAR, Inc. and changed its name to AEye, Inc. in March 2016. The company was founded in 2013 and is headquartered in Dublin, California.

Open

1.09

Mkt cap

9.8M

Volume

74K

High

1.13

P/E Ratio

-0.11

52-wk high

6.54

Low

1.09

Div yield

N/A

52-wk low

0.92

Continental has informed AEye of its intention to discontinue their joint lidar development program, including the HRL131 Lidar product line, as per an SEC 8K filing.

Portfolio Pulse from Benzinga Newsdesk

December 18, 2023 | 9:17 pm

In Thursday's after-market session, several information technology stocks experienced movement. Gainers included Near Intelligence, Stronghold Digital Mining, Edgio, AEye, Blend Labs, and CPS Technologies with increases ranging from 2.96% to 5.0%. Losers were Cyngn, HashiCorp, Comtech Telecom, BIO-key Intl, Marin Software, and Powerbridge Technologies with declines between 4.2% and 13.7%. HashiCorp and Comtech Telecom's drops were associated with their Q3 and Q1 earnings releases, respectively.

Portfolio Pulse from Benzinga Insights

December 07, 2023 | 9:30 pm

In Wednesday's pre-market session, several IT stocks showed significant movement. MicroAlgo's stock surged 56.6% following their Q3 earnings release. SentinelOne also saw a rise of 16.99% after their earnings report. Other gainers included Soluna Holdings, Auddia, AEye, and Amtech Systems with increases ranging from 9.58% to 15.48%. On the losing side, Cepton's shares dropped 20.6%, while Yext, Asana, and Box also experienced declines after their Q3 earnings, with drops of 14.98%, 12.66%, and 12.33% respectively. Baijiayun Group and Intrusion also saw their stocks fall by 7.71% and 6.03%.

Portfolio Pulse from Benzinga Insights

December 06, 2023 | 1:06 pm

In Tuesday's after-market session, several IT stocks saw significant movement. SentinelOne (S) and ZeroFox Holdings (ZFOX) experienced gains after releasing their Q3 earnings, with SentinelOne rising 8.7% and ZeroFox 4.26%. Other gainers included GSE Systems (GVP), MicroAlgo (MLGO), Movella Holdings (MVLA), and AEye (LIDR). Conversely, Box (BOX), Yext (YEXT), Asana (ASAN), MongoDB (MDB), SPI Energy (SPI), and ReAlpha Tech Corp (AIRE) saw their stock prices fall following their Q3 earnings reports.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 9:30 pm

In Monday's after-market session, ReAlpha Tech Corp (AIRE) saw a significant increase of 52.1%, while HeartCore Enterprises (HTCR) experienced the largest drop of 9.8%. Other notable gainers included MicroCloud Hologram (HOLO), Cyngn (CYN), Akerna (KERN), Infobird Co (IFBD), and GSI Technology (GSIT). On the losing side were Peraso (PRSO), SEALSQ (LAES), OMNIQ (OMQS), Porch Group (PRCH), and AEye (LIDR), with their stocks declining after their Q3 earnings reports were released.

Portfolio Pulse from Benzinga Insights

November 13, 2023 | 9:30 pm

AEye (NASDAQ:LIDR) reported its Q3 earnings, beating estimated earnings by 16.67% with an EPS of $-0.05 versus an estimate of $-0.06. However, revenue was down $579 thousand from the same period last year. Last quarter, the company also beat EPS estimates, which was followed by a 5.64% drop in the share price the next day.

Portfolio Pulse from Benzinga Insights

November 09, 2023 | 9:15 pm

AEye (NASDAQ:LIDR) reported Q3 2023 earnings with losses of $(0.05) per share, beating the analyst consensus estimate of $(0.06) by 16.67%. However, the company's quarterly sales of $188.00K missed the analyst consensus estimate of $600.00K by 68.67%. This represents a 75.49% decrease in sales compared to the same period last year.

Portfolio Pulse from totan@benzinga.com

November 09, 2023 | 9:11 pm

In Monday's pre-market session, several information technology stocks showed significant movement. BIO-key Intl (BKYI), Arqit Quantum (ARQQ), Microvision (MVIS), Inpixon (INPX), Aware (AWRE), and Edgio (EGIO) saw gains, while Sigma Additive Solutions (SASI), Addvantage Technologies (AEY), NiSun Intl Enterprise Dev (NISN), AEye (LIDR), Powerbridge Technologies (PBTS), and Akerna (KERN) experienced losses.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 1:06 pm

Several Information Technology stocks experienced significant movement in Thursday's after-market session. Gainers included UTime (WTO), Comtech Telecom (CMTL), Oblong (OBLG), Intrusion (INTZ), Stronghold Digital Mining (SDIG), and AEye (LIDR). Losers included SMART Glb Hldgs (SGH), Belden (BDC), SMX (Security Matters) (SMX), ComSovereign Holding (COMS), AgileThought (AGIL), and Taoping (TAOP). Q4 earnings reports for Comtech Telecom and SMART Glb Hldgs were released.

Portfolio Pulse from Benzinga Insights

October 12, 2023 | 9:31 pm

In Friday's pre-market session, several IT stocks showed significant movement. Aurora Mobile (JG), Maxeon Solar Technologies (MAXN), Marin Software (MRIN), Taoping (TAOP), and AEye (LIDR) saw gains, while OMNIQ (OMQS), Aehr Test Systems (AEHR), CalAmp (CAMP), SMX (Security Matters) (SMX), MicroAlgo (MLGO), and LG Display Co (LPL) experienced losses.

Portfolio Pulse from Benzinga Insights

October 06, 2023 | 1:06 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.