Recap: Velodyne Lidar Q1 Earnings

Velodyne Lidar VLDR reported its Q1 earnings results on Thursday, May 5, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Velodyne Lidar missed estimated earnings by 22.22%, reporting an EPS of $-0.22 versus an estimate of $-0.18.

Revenue was down $11.55 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 2.71% drop in the share price the next day.

Here's a look at Velodyne Lidar's past performance:

To track all earnings releases for Velodyne Lidar visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.