earnings
confidence high
sentiment negative
materiality 0.75
Luminar Q2 revenue $15.6M, net loss $0.62 EPS; cuts FY25 guidance on slower vehicle ramps
Luminar Technologies, Inc./DE
2025-Q2 EPS reported
-$2.44
revenue$34,520,000
- Q2 GAAP net loss $(30.5)M ($(0.62)/share); non-GAAP net loss $(73.1)M ($(1.49)/share).
- Revenue $15.6M, down 5% YoY and 17% QoQ; gross loss $(12.4)M GAAP.
- Exits non-core data and insurance businesses to cut costs and sharpen focus.
- FY25 revenue guidance lowered to $67-74M (from $82-90M); sensor shipments cut to 20-23k (from 30-33k).
- Cash & marketable securities $107.6M at Q2 end; YE25 cash expected $80-100M.
item 2.02item 9.01