The Latest Breaking News from LIDR

Artificial Intelligence and Autonomous Technology remain two prominent, long-term growth themes, with several stocks offering investors niche exposure.

Aeye stock soared more than 300% after the lidar specialist announceded a collaboration with Nvidia. Here’s why LIDR shares remain unattractive to own still.

AEye Inc (NASDAQ:LIDR) has opened its new office in Munich, Germany. The company expects the new location to expand its reach for automotive, mobility, trucking, logistics, and smart infrastructure markets in the region. Also, AEye has appointed automotive engineer Andreas Prinz as technical sales director for Europe. "We've experienced strong demand and traction…

AEye Inc (NASDAQ:LIDR) reported fourth-quarter revenue of $1.8 million, compared to $279 thousand in 4Q20. It reported a gross loss of $(296) thousand. The operating loss expanded to $(23.54) million for the quarter, compared to $(8.64) million in 4Q20. Adjusted loss per share was $(0.13), which missed the consensus of $(0.10). Adjusted…

The accelerating growth in the global lidar industry is driven primarily by increasing demand for advanced sensor technologies in the aerospace, automotive, healthcare, and construction industries. Thus, Wall Street analysts are betting on lidar stocks Luminar (LIDR), Ouster (OUST, Innoviz (INVZ), and AEye (LIDR) to generate continued growth in the…