Lidar systems maker AEye's Q4 revenue nearly doubles sequentially

Reuters03-17 04:47
Lidar systems maker AEye's Q4 revenue nearly doubles sequentially

Overview

  • Lidar solutions provider's Q4 revenue nearly doubled sequentially, full-year revenue up 15%

  • Company posted Q4 GAAP net loss of $7.3 mln, full-year net loss $34 mln

Outlook

  • AEye expects 2026 cash burn of $30 mln to $35 mln, including $5 mln in working capital

Result Drivers

  • COMMERCIAL PIPELINE EXPANSION - Co said Q4 revenue growth was driven by a 40% expansion in its commercial pipeline and a 33% increase in revenue-generating customers

Company press release: ID:nBw54fZHga

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Net Income

-$7.34 mln

Q4 Basic EPS

-$0.17

Q4 Income From Operations

-$8.4 mln

Q4 Operating Expenses

$8.25 mln

Analyst Coverage

  • 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 "buy"

  • Wall Street's median 12-month price target for AEye Inc is $6.00, about 277.4% above its March 13 closing price of $1.59

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

At the request of the copyright holder, you need to log in to view this content

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