NASDAQ$LAZRQ
Luminar Technologies Inc. · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Reported revenue ahead of expectations with increased guidance.
Luminar reported Q2 2022 revenue of $9.9 million, a 57% increase year-over-year. The company raised its full-year guidance for major commercial program wins and order book growth from 40% to 60%. They are also raising full-year 2022 revenue outlook to $40 million to $45 million, up from $40 million.
- Q2 revenue was $9.9 million, up 57% year-over-year.
- GAAP net loss was $95.2 million, or $(0.27) per share.
- Non-GAAP net loss was $65.0 million, or $(0.18) per share.
- Cash, cash equivalents, and marketable securities were $605.3 million as of June 30, 2022.
Headline financials
Revenue & EPS history
Luminar · Revenue · Quarterly
$9.93M
Forward guidance
Luminar is raising its full-year 2022 revenue outlook to $40 million to $45 million and expects growth of major commercial program wins and order book from 40% YoY to 60% YoY growth.
Tailwinds
- On track to meet or beat all four of its key 2022 business milestones.
- Remains on track to achieve series production readiness for Iris lidar and core software by the end of 2022.
- Raising full-year guidance for growth of major commercial program wins from 40% to 60% YoY growth.
- Raising full-year guidance for growth of its forward-looking order book from 40% YoY to 60% YoY growth.
- Planning the build-out of a larger, fully dedicated and automated facility.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
-2.1%
Avg return
Earnings day
-15.7%
Avg return
5 days after
-10.0%
Avg return
30 days after
33%
9 / 27 earnings
Positive
+33.0%
Q4 2024
Best reaction
-34.3%
Q2 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2025 | -5.7% | -15.7% | -10.0% | |
| Q2 2025 | -16.1% | — | — | |
| Q1 2025 | -17.0% | — | — | |
| Q4 2024 | +33.0% | — | — | |
| Q3 2024 | +28.6% | — | — | |
| Q2 2024 | -34.3% | — | — | |
| Q1 2024 | -2.7% | — | — | |
| Q4 2023 | +6.3% | — | — | |
| Q3 2023 | -12.1% | — | — | |
| Q2 2023 | -7.0% | — | — | |
| Q1 2023 | -7.9% | — | — | |
| Q4 2022 | +2.1% | — | — | |
| Q3 2022 | -9.9% | — | — | |
| Q2 2022 | +13.3% | — | — | |
| Q1 2022 | -9.4% | — | — | |
| Q4 2021 | +8.3% | — | — | |
| Q3 2021 | +3.9% | — | — | |
| Q2 2021 | -6.6% | — | — | |
| Q1 2021 | +6.2% | — | — | |
| Q4 2020 | -9.9% | — | — | |
| Q2 2020 | -9.9% | — | — | |
| Q4 2019 | -9.9% | — | — | |
| Q3 2020 | -0.8% | — | — | |
| Q1 2020 | +0.2% | — | — | |
| Q3 2019 | +0.0% | — | — | |
| Q2 2019 | +0.0% | — | — | |
| Q1 2019 | +0.0% | — | — |
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