Aurora Innovation Shares Fall After Q3 Loss Misses Expectations, Delayed Launch of Driverless Trucks

MT Newswires Live2024-11-01

Aurora Innovation (AUR) shares were falling Thursday after the company reported late Wednesday a Q3 net loss that missed analysts' expectations and said it was delaying the commercial launch of driverless trucks until 2025.

Q3 net loss was $0.13 per diluted share, unchanged from a year earlier.

Analysts polled by Capital IQ expected a net loss of $0.11 per share.

No revenue was reported for the period.

The company also said it expects to launch driverless trucks commercially in April 2025, which is "modestly later than" its original intention. Aurora was originally planning the launch by the end of 2024.

Aurora added that the timeline shift "remains within the margin of error" it conveyed during 2024 and that it "will have a negligible financial impact."

Price: 4.91, Change: -1.74, Percent Change: -26.13

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2480055610?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-01 00:15","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2480055610","market":"nz","top_or_hot":-1,"title":"Aurora Innovation Shares Fall After Q3 Loss Misses Expectations, Delayed Launch of Driverless Trucks","media":"MT Newswires Live","content":"<html><body><p> <a href=\"https://laohu8.com/S/AUR\">Aurora Innovation</a> (AUR) shares were falling Thursday after the company reported late Wednesday a Q3 net loss that missed analysts' expectations and said it was delaying the commercial launch of driverless trucks until 2025.</p><p>Q3 net loss was $0.13 per diluted share, unchanged from a year earlier.</p><p>Analysts polled by Capital IQ expected a net loss of $0.11 per share.</p><p>No revenue was reported for the period.</p><p>The company also said it expects to launch driverless trucks commercially in April 2025, which is \"modestly later than\" its original intention. Aurora was originally planning the launch by the end of 2024.</p><p>Aurora added that the timeline shift \"remains within the margin of error\" it conveyed during 2024 and that it \"will have a negligible financial impact.\"</p><p>Price: 4.91, Change: -1.74, Percent Change: -26.13</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Aurora Innovation Shares Fall After Q3 Loss Misses Expectations, Delayed Launch of Driverless Trucks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAurora Innovation Shares Fall After Q3 Loss Misses Expectations, Delayed Launch of Driverless Trucks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-01 00:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires Live</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Aurora Innovation (AUR) shares were falling Thursday after the company reported late Wednesday a Q3 net loss that missed analysts' expectations and said it was delaying the commercial launch of ...</p>\n\n<a href=\"https://www.mtnewswires.com/\">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":null,"symbol_name":null,"start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2480055610","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2480055610","pubTimestamp":1730391327,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Aurora Innovation  shares were falling Thursday after the company reported late Wednesday a Q3 net loss that missed analysts' expectations and said it was delaying the commercial launch of driverless trucks until 2025.Q3 net loss was $0.13 per diluted share, unchanged from a year earlier.Analysts polled by Capital IQ expected a net loss of $0.11 per share.No revenue was reported for the period.The company also said it expects to launch driverless trucks commercially in April 2025, which is \"modestly later than\" its original intention. Aurora was originally planning the launch by the end of 2024.Aurora added that the timeline shift \"remains within the margin of error\" it conveyed during 2024 and that it \"will have a negligible financial impact.\"Price: 4.91, Change: -1.74, Percent Change: -26.13","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"第三季度亏损未达预期、无人驾驶卡车推迟推出后，Aurora Innovation股价下跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ACB":1,"AUR":1,"AUR.AU":1},"content_text":"Aurora Innovation (AUR) shares were falling Thursday after the company reported late Wednesday a Q3 net loss that missed analysts' expectations and said it was delaying the commercial launch of driverless trucks until 2025.Q3 net loss was $0.13 per diluted share, unchanged from a year earlier.Analysts polled by Capital IQ expected a net loss of $0.11 per share.No revenue was reported for the period.The company also said it expects to launch driverless trucks commercially in April 2025, which is \"modestly later than\" its original intention. Aurora was originally planning the launch by the end of 2024.Aurora added that the timeline shift \"remains within the margin of error\" it conveyed during 2024 and that it \"will have a negligible financial impact.\"Price: 4.91, Change: -1.74, Percent Change: -26.13","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.30.2","shortVersion":"4.30.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2480055610"}