Aeye, Inc. ( (LIDR) ) has released its Q2 earnings. Here is a breakdown of the information Aeye, Inc. presented to its investors.
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AEye, Inc. is a company specializing in high-performance lidar technology, primarily serving the automotive and smart infrastructure sectors with innovative solutions like the Apollo lidar sensor. In its second quarter of 2025, AEye reported significant commercial progress, including tripling its new business wins and securing a potential $30 million revenue opportunity with a leading transportation OEM. The company has also integrated its technology into NVIDIA’s DRIVE AGX Orin platform, enhancing its engagement with major OEMs, and launched the OPTIS™ platform for diverse applications. Financially, AEye reported a GAAP net loss of $9.3 million and a non-GAAP net loss of $6.7 million for the quarter, with cash reserves of $19.2 million. Despite the losses, the company is optimistic about its growth trajectory, driven by increased customer engagement and strategic partnerships. AEye’s management remains focused on scaling operations and capitalizing on market demand, with expectations of maintaining financial discipline and achieving long-term growth.