AEye Inc reports results for the quarter ended in June - Earnings Summary

Reuters08-06

* AEye Inc reported a quarterly adjusted loss of 91 cents per share for the quarter ended in June, higher than the same quarter last year, when the company reported EPS of $-2.10. The lone analyst forecast for the quarter was for a loss of $1.16 per share.

* Revenue fell 94.4% to $32.00 thousand from a year ago; analysts expected $100.00 thousand.

* The company reported a quarterly loss of $7.99 million.

* AEye Inc shares had fallen by 31.8% this quarter and lost 41.9% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts had risen by about 10.8% in the last three months.

* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

* The average consensus recommendation for the electronic equipment & parts peer group is also "hold"

This summary was machine generated from LSEG data August 5 at 09:36 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Jun. 30 2024 -1.16 -0.91 Beat

Mar. 31 2024 -1.40 -1.13 Beat

Dec. 31 2023 -1.20 -1.10 Beat

Sep. 30 2023 -1.80 -1.50 Beat

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The lone ...</p>\n\n<a href=\"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LIDR","symbol_name":"AEye, Inc.","start_time":0,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2457089760","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2457089760","pubTimestamp":1722893817,"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"* AEye Inc    reported a quarterly adjusted loss of 91 cents per share for the quarter ended in June, higher than the same quarter last year, when the company reported EPS of $-2.10.  The lone analyst","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"LIDR":"AEye, Inc."},"translate_title":"AEye Inc报告截至6月的季度业绩-收益摘要","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LIDR":0.9},"content_text":"* AEye Inc    reported a quarterly adjusted loss of 91 cents per share for the quarter ended in June, higher than the same quarter last year, when the company reported EPS of $-2.10.  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