AEye Q1 2023 revenue $0.6M, GAAP net loss $26.3M

AEye, Inc.

2023-Q1 EPS reported -$0.16 revenue$636,000

Revenue $0.6M; GAAP net loss $(26.3)M ($(0.16)/share); non-GAAP net loss $(17.7)M ($(0.11)/share).
Cash and marketable securities $74.1M as of March 31, 2023.
Management plans to extend cash runway through end of 2024 by reducing cost structure.
Focus on automotive lidar commercialization with Continental.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

AEye, Inc. reported first quarter ended March 31, 2023 results: revenue $0.6 million, net income $(26.3) million, EPS $(0.16) per share.

Period: first quarter ended March 31, 2023
Revenue: $0.6 million
Net income: $(26.3) million
EPS: $(0.16) per share
Result: reported results

Exact text from the filing

● Revenue of $0.6 million in the first quarter of 2023. ● GAAP net loss was $(26.3) million, or $(0.16) per share based on 165.9 million weighted average common shares outstanding.

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AEye, Inc. filing history →

Source: SEC EDGAR

accession 0000947871-23-000567

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