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Luminar rose 12% in morning trading

Tiger Newspress2021-06-24

(June 24) Luminar rose 12% in morning trading.

Luminar Technologies CFO Tom Fennimore says the company targets becoming profitable in 2024.

In an interview withThe Wall Street Journal, Fennimore reiterates some of the company's full-year goals, weeks after sample versions of its lidar sensors went into production at a contract manufacturing facility in Mexico.

Fennimore says the company aims to end the year with more cash than at the beginning. The company had $485.7M in liquidity as of December 31, 2020. As of March 31, liquidity stood at $610.3M.

The CFO says the extra cash will cushion the company against any potential "bump on the road."

Luminar's existing automaker relationships include Volvo, Daimler, and SAIC.

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Comment59

  • 旺利
    ·2021-06-26
    Go LAZeR???
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  • TYHzir
    ·2021-06-25
    Wow
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  • guixinnn
    ·2021-06-25
    Test test
    Reply
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  • Kuching
    ·2021-06-25
    Wow
    Reply
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  • CYKong
    ·2021-06-25
    Good start
    Reply
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  • hoa
    ·2021-06-25
    Very good
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  • yani
    ·2021-06-25
    Huhu..like comment
    Reply
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    • DDDKKK
      AMC?
      2021-06-25
      Reply
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    • hoa
      commented
      2021-06-25
      Reply
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  • VSkemama
    ·2021-06-25
    Buy
    Reply
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  • lecruizer
    ·2021-06-25
    Nice
    Reply
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  • Hayleywills
    ·2021-06-25
    Comment and i’ll coment back
    Reply
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  • cwlai
    ·2021-06-25
    Wow
    Reply
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  • cwlai
    ·2021-06-25
    Wow
    Reply
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  • Sophia67
    ·2021-06-24
    Finally rose!!!
    Reply
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    • ZhiK
      cool
      2021-06-25
      Reply
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  • LuckyM
    ·2021-06-24
    Wow!!
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  • LuckyM
    ·2021-06-24
    Wow!!
    Reply
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  • POWGON
    ·2021-06-24
    Cool
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  • Cantsaywhere
    ·2021-06-24
    Wew
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  • SmallFishinS
    ·2021-06-24
    Ok
    Reply
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  • Boink
    ·2021-06-24
    Nice
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  • wilstreak
    ·2021-06-24
    Wow
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