AEye Reports Second Quarter 2024 Results [Yahoo! Finance]
AEye, Inc. - Class A (LIDR)
Company Research
Source: Yahoo! Finance
PLEASANTON, Calif., August 05, 2024 BUSINESS WIRE )--AEye, Inc. (Nasdaq: LIDR), a global leader in adaptive, high performance lidar solutions, today announced its results for the second quarter ended June 30, 2024. Management Commentary "AEye gained significant momentum in the second quarter with our Apollo product launch, OEM and partner engagements, and access to additional capital, which could extend our cash runway considerably. We are pleased with the significant interest we saw in China following our Apollo product launch in Suzhou in June. Our on-going collaboration with ATI and LighTekton has exceeded our expectations and has led to multiple OEM introductions. "With respect to our Tier 1 partner, LITEON, we are seeing tangible results from their ability to leverage their supply chain coupled with their expertise in optics. We have successfully completed the technology transfer to them and are now jointly executing a product cost reduction initiative. This partnership co
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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