Reports Q2 revenue $15.6M, consensus $17.3M. “We took decisive steps this quarter to deliver on our customer commitments, advance Halo as the foundation of our future, and sharpen our focus on near-term revenue and profit opportunities beyond automotive in commercial markets,” said Paul Ricci, CEO of Luminar (LAZR). “We’re also streamlining our business, exiting non-core areas, and focusing intensely on key operational milestones. We believe these actions set the stage for a stronger, leaner Luminar better positioned to deliver sustainable growth and long-term value.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LAZR:
- Luminar Technologies options imply 14.1% move in share price post-earnings
- Options Volatility and Implied Earnings Moves Today, August 12, 2025
- Options Volatility and Implied Earnings Moves This Week, August 11 – August 14, 2025
- Luminar Technologies Inc (LAZR) Q2 Earnings Cheat Sheet
- Largest borrow rate increases among liquid names