AEye: Q1 Earnings Insights

AEye LIDR reported its Q1 earnings results on Thursday, May 11, 2023 at 04:05 PM.

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

Earnings

AEye beat estimated earnings by 15.38%, reporting an EPS of $-0.11 versus an estimate of $-0.13.

Revenue was down $446 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.04 which was followed by a 2.71% increase in the share price the next day.

Here's a look at AEye's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.15 -0.18 -0.15 -0.13
EPS Actual -0.11 -0.11 -0.13 -0.13
Revenue Estimate 1.02M 730K 830K 730K
Revenue Actual 1.09M 767K 706K 1.08M

To track all earnings releases for AEye visit their earnings calendar here.

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

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