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Luminar Stock Hits All-Time Low As Volvo Axes 5-Year Lidar Deal Amid Defaults, Layoffs And Bankruptcy Warning
Volvo ended its Iris lidar supply agreement and deferred decisions on Luminar’s next-generation Halo sensor. ・Luminar has ...
Luminar, unsurprisingly, isn’t happy with Volvo’s decision. Back in late October, when Volvo shifted LiDAR from standard to ...
Swedish automaker Volvo has canceled a five-year-old contract with Luminar, the latest escalation in an increasingly ugly brawl between the lidar sensor company and its biggest customer.
Luminar Technologies, Inc. (NASDAQ: LAZR) shares climbed after the company released its mixed third-quarter earnings report after Thursday's closing bell. Here's a look at the details in the report.
In recent days, Luminar Technologies underscored ongoing partnerships with Volvo, Mercedes-Benz, NVIDIA, and Mobileye, while announcing plans to launch its next-generation Halo lidar chipset and ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Luminar's founder has resigned ...
Shares of Luminar Technologies declined after several disclosures including doubt it can continue as a going concern, layoffs and plans to explore strategic alternatives including a sale. The stock ...
The automotive technology company paid more than $1 million to exit its Silicon Valley lease early, and the timing coincides with major changes in its relationship with a key partner and customer.
Net income (loss): Q3 GAAP net income (loss) attributable to common stockholders was $ (89.5) million, or $ (1.29) per share; ...
With the founder-CEO exit behind it, Luminar is focused on cost discipline and execution on Halo, but the growth narrative is on pause amid delays and a shrinking revenue base. FY25 revenue and ...
Shares of Luminar Technologies Inc (NASDAQ:LAZR) plunged 16.3% to $3.985 on Thursday afternoon after the company reported first-quarter results and announced a major leadership transition. What To ...
As lidar company Luminar pushed ahead to meet its goals for 2022 — milestones that included locking in new commercial contracts with unnamed automakers and shipping production-ready sensors to SAIC — ...
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