AEye Inc reports results for the quarter ended December 31 - Earnings Summary

• AEye Inc LIDR.OQ reported a quarterly adjusted loss of 15 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -70 cents. The mean expectation of two analysts for the quarter was for a loss of 18 cents per share. Wall Street expected results to range from -19 cents to -18 cents per share.

• Revenue rose 110.9% to $97.00 thousand from a year ago; analysts expected $80.00 thousand.

• AEye Inc's reported EPS for the quarter was a loss of 30 cents​.

• The company reported a quarterly loss of $7.34 million.

• AEye Inc shares had fallen by 13.6% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged 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 "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the electronic equipment & parts peer group is also "buy"

• Wall Street's median 12-month price target for AEye Inc is $6.00, about 73.5% above its last closing price of $1.59

This summary was machine generated from LSEG data March 16 at 09:38 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)