Lidar company Luminar reached a deal with Yorkville Advisors Global and an unnamed investor that could bring another $200 million into its coffers through the sale of convertible preferred stock over ...

ORLANDO, Fla.--(BUSINESS WIRE)-- Luminar (Nasdaq: LAZR), a leading global automotive technology company, today announced it will provide its business update for the second quarter of 2025 following ...

ORLANDO, Fla.--(BUSINESS WIRE)-- Luminar (Nasdaq: LAZR), a leading global automotive technology company, today announced it will provide its quarterly update for the third quarter of 2025 following ...

Q2 consensus sees revenue of $17.27M and EPS of –$1.18, reflecting narrower losses but only ~5% top-line growth. CEO transition looms large after founder Austin Russell resigned abruptly last quarter.

Lidar-maker Luminar is warning shareholders that it will run out of cash in early 2026 and has announced a 25% cut to its workforce to help staunch the bleeding — its second layoff of the year — ...

・Luminar stated that it anticipates incurring approximately $2 million to $3 million in cash charges related to employee severance and other employee costs, primarily in the fourth quarter of 2025.

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Despite recent layoffs and a CEO ...

Luminar revised its 2025 revenue guidance to $67 million to $74 million, down from the prior outlook of $82 million to $90 million. Sensor shipment outlook for 2025 is now 20,000 to 23,000 units, ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The ambitious plan comes as the ...

The suspension of financial guidance and dependence on forbearance agreements highlight ongoing capital structure and liquidity uncertainty acknowledged by management. CEO Ricci stated, "the uncertain ...