AEye Reports First Quarter 2024 Results
AEye, Inc. - Class A (LIDR)
Company Research
Source: Business Wire
Kicked off key strategic partnership that will bring AEye’s lidar into the China marketFourth consecutive quarter of cash burn reduction DUBLIN, Calif.--(BUSINESS WIRE)--AEye, Inc. (Nasdaq: LIDR), a global leader in adaptive, high performance lidar solutions, today announced its results for the first quarter ended March 31, 2024.Management Commentary“AEye made incredible progress with our capital-light partnership model in the first quarter, including significantly expanding our strategic opportunities and opening the door to the booming lidar market in China. The first product from our 4Sight Flex reference design, Apollo, has passed an important technical performance milestone, which is driving interest among automotive OEMs. Additionally, our new Tier 1 partnership with LITEON creates a path to further strengthening our industry leading product in terms of both cost and performance,” said Matt Fisch, AEye CEO. “Overall, we are starting off 2024 with strong execution and could no
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LIDR
Sec Filings
- 9/16/24 - Form 4
- 9/13/24 - Form 424B3
- 9/13/24 - Form 424B5
- LIDR's page on the SEC website