Recap: Velodyne Lidar Q2 Earnings

Velodyne Lidar VLDR reported its Q2 earnings results on Monday, August 8, 2022 at 04:00 PM.

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

Earnings

Velodyne Lidar beat estimated earnings by 14.29%, reporting an EPS of $-0.18 versus an estimate of $-0.21.

Revenue was down $2.09 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.04 which was followed by a 6.84% 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.