8-K
filed November 9, 2023, 6:59 PM ET
ticker LIDR
CIK 0001818644
earnings
confidence high
sentiment neutral
materiality 0.75
AEye Q3 2023 revenue $0.2M, GAAP net loss $17.0M, cash burn cut 50%, runway into 2025
AEye, Inc.
2023-Q3 EPS reported
-$0.34
revenue$1,395,000
- Revenue of $0.2 million for Q3 2023; GAAP net loss $(17.0M) or $(0.09) per share on 184.1M shares.
- Non-GAAP net loss $(9.5M) or $(0.05) per share; beat guidance by $0.01 per share.
- Cash burn reduced ~50% since start of 2023; cash & securities $45.9M, runway extended into 2025.
- CEO says lidar market shift from tech battle to commercialization; company pursuing automotive-first strategy.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.98
AEye, Inc. reported third quarter ended September 30, 2023 results: net income (17.0) million, EPS (0.09).
- Period
- third quarter ended September 30, 2023
- Net income
- (17.0) million
- EPS
- (0.09)
- Result
- reported results
Exact text from the filing
Revenue of $0.2 million in the third quarter of 2023.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.98
AEye, Inc. reported third quarter ended September 30, 2023 results: net income (17.0) million, EPS (0.09).
- Period
- third quarter ended September 30, 2023
- Net income
- (17.0) million
- EPS
- (0.09)
- Result
- reported results
Exact text from the filing
GAAP net loss was $(17.0) million, or $(0.09) per share, based on 184.1 million weighted average common shares outstanding.
View on SEC.gov
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