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Luminar Technologies Inc (LAZR)
:LAZR
Earnings Data
Report Date
Aug 12, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-1.18Last Year’s EPS
-2.7Same Quarter Last Year
Moderate Sell
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 14, 2025
|% Change Since: -39.29%
|Next Earnings Date:Aug 12, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture. While Luminar demonstrated progress in cost reduction and debt management, along with positive reception of its unified product architecture, significant challenges remain. These include leadership changes, revenue declines, and ongoing gross losses. The sentiment is balanced with both positive and negative elements.Company Guidance
During Luminar's Q1 2025 Business Update Call, CFO Tom Fennimore provided guidance emphasizing the company's strategic transition to the Luminar Halo platform, which consolidates their product portfolio to streamline development and reduce costs. Fennimore noted that the company expects a 10% to 20% revenue growth for the full year despite a 10% year-over-year revenue decline this quarter, with Q1 revenue of $18.9 million. The call highlighted significant cost savings from restructuring actions, reducing non-GAAP operating expenses by $115 million annually and stock-based compensation costs by $100 million annually. The company ended Q1 with $188 million in cash and liquidity and aims to reduce its 2026 debt from $625 million to below $100 million by June 2026. Luminar anticipates a non-GAAP gross loss of $5 million to $10 million per quarter for the rest of the year and aims to lower year-end quarterly OpEx to the low $30 million range.Cost Reduction Achievements
The company has achieved significant cost reductions, saving $120 million in cash and $40 million in stock-based compensation. Non-GAAP OpEx has declined by $115 million, and stock-based compensation has decreased by almost $100 million on an annualized basis.
Debt Reduction Progress
Luminar has reduced the balance on its 2026 debt from $625 million to $185 million, showing progress in managing its capital structure.
Encouraging OEM Adoption of Unified Product Architecture
The transition to a unified product architecture with the Luminar Halo platform has been well received by OEM partners, allowing for streamlined product development and cost reduction.
Positive Cash Flow Developments
Free cash flow improved by $18 million from Q4, marking the lowest level of quarterly cash burn since 2022.
LAZR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
LAZR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 14, 2025 | $4.76 | $3.96 | -16.81% |
Mar 20, 2025 | $6.28 | $8.35 | +32.96% |
Nov 11, 2024 | $15.30 | $16.95 | +10.78% |
Aug 06, 2024 | $21.07 | $13.20 | -37.35% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Luminar Technologies Inc (LAZR) report earnings?
Luminar Technologies Inc (LAZR) is schdueled to report earning on Aug 12, 2025, TBA Not Confirmed.
What is Luminar Technologies Inc (LAZR) earnings time?
Luminar Technologies Inc (LAZR) earnings time is at Aug 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LAZR EPS forecast?
LAZR EPS forecast for the fiscal quarter 2025 (Q2) is -1.18.