AEye (NASDAQ:LIDR – Get Free Report) issued its earnings results on Tuesday. The company reported ($0.70) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.89) by $0.19, Zacks reports. AEye had a negative net margin of 24,308.44% and a negative return on equity of 144.00%. The company had revenue of $0.10 million for the quarter.
AEye Price Performance
LIDR stock opened at $1.07 on Friday. AEye has a 52 week low of $0.92 and a 52 week high of $5.74. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.34 and a current ratio of 3.38. The company’s 50-day simple moving average is $1.15 and its 200 day simple moving average is $1.65.
Analyst Upgrades and Downgrades
Separately, Westpark Capital reaffirmed a “hold” rating on shares of AEye in a report on Monday, August 5th.
AEye Company Profile
AEye, Inc, together with its subsidiaries, provides lidar systems for vehicle autonomy, advanced driver-assistance systems, and robotic vision applications in the United States, Europe, and Asia-Pacific. It offers 4Sight intelligent sensing lidar platform, including 4Sight at Design, Triggered 4Sight, Responsive 4Sight, and Predictive 4Sight; and 4Sight for automotive and industrial market.
Further Reading
- Five stocks we like better than AEye
- How to Find Undervalued Stocks
- Why Zscaler Stock Has Analysts So Excited
- Consumer Staples Stocks, Explained
- Spotify Stock Surge: Why Investors Are Buying Despite High Prices
- Why Understanding Call Option Volume is Essential to Successful Options Trading
- 3 Stocks Near 52-Week Lows That Could Be Top Buys Right Now
Receive News & Ratings for AEye Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AEye and related companies with MarketBeat.com's FREE daily email newsletter.
