AEye Q3 2022 revenue $0.8M, GAAP net loss $(23.6)M; launches 4Sight product line

AEye, Inc.

2022-Q3 EPS reported -$0.48 revenue$2,555,000

Revenue of $0.8M in Q3 2022; GAAP net loss $(23.6)M ($(0.15)/share).
Non-GAAP net loss $(17.0)M ($(0.11)/share); cash and equivalents $112.2M.
Launched 4Sight adaptive lidar platform; broke ground on high-volume manufacturing line in Thailand with Sanmina.
CEO Blair LaCorte cites momentum with partners and capital-light model with two manufacturing partners.
Conference call held November 10, 2022 at 5:00 PM ET.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

AEye, Inc. reported third quarter ended September 30, 2022 results: revenue $0.8 million, net income GAAP net loss was $(23.6) million, EPS $(0.15) per share.

Period: third quarter ended September 30, 2022
Revenue: $0.8 million
Net income: GAAP net loss was $(23.6) million
EPS: $(0.15) per share
Result: reported results

Exact text from the filing

Q3 2022 Financials ● Revenue of $0.8 million in the third quarter of 2022. ● GAAP net loss was $(23.6) million in the third quarter of 2022, or $(0.15) per share based on 159.3 million weighted average common shares outstanding.

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Source: SEC EDGAR

accession 0000947871-22-001161

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