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0 0.0380622837370243 0.0261305333492424 0.0141987829614605 -0.0143181004653383 -0.0573917193652309 -0.0157499105118721 -0.0646700871017779
Stock impact report

AEye Reports Fourth Quarter 2024 Results

AEye, Inc. - Class A (LIDR) 
Company Research Source: Business Wire
Apollo launches in US at CESOn-track for Apollo manufacturing ramp with large global Tier 1 partnerExtended cash runway to mid-2026 with new growth capital PLEASANTON, Calif.--(BUSINESS WIRE)--AEye, Inc. (Nasdaq: LIDR), a global leader in adaptive, high performance lidar solutions, today announced its results for the fourth quarter and year ended December 31, 2024.Recent Business HighlightsLaunched Apollo in the U.S. with resounding success at CES, showcasing its distinct advantages of behind-the-windshield integration and lower overall system costsBegan production of first Apollo B samples, reaching a critical milestone for quoting process across multiple sectorsBeat quarterly cash burn guidance for the fourth consecutive quarterRaised additional growth capital to ramp Apollo into high-volume production, strengthening balance sheet and extending cash runway to mid-2026Management CommentaryMatt Fisch, AEye CEO, said, “AEye just closed out a transformational year marked by significa Show less Read more
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