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AEye: Q4 Earnings Insights

Author: Benzinga Insights | March 26, 2024 04:35pm

AEye (NASDAQ:LIDR) reported its Q4 earnings results on Tuesday, March 26, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

AEye beat estimated earnings by 8.0%, reporting an EPS of $-1.1 versus an estimate of $-1.2.

Revenue was down $1.02 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.3 which was followed by a 3.0% drop in the share price the next day.

Here's a look at AEye's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -1.8 -2.7 -3.9 -4.5
EPS Actual -1.5 -2.1 -3.3 -3.3
Revenue Estimate 600K 600K 600K 1.02M
Revenue Actual 188K 571K 636K 1.09M

To track all earnings releases for AEye visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: LIDR

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