NASDAQ$LAZRQ
Luminar Technologies Inc. · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Luminar achieved start of production with SAIC’s Rising Auto and reported Q3 financials, beating expectations on revenue and earnings.
Luminar announced the start of production with SAIC's Rising Auto and reported Q3 2022 financial results, exceeding revenue and earnings expectations. The company's technology is featured in SAIC's RISING AUTO R7 and Polestar 3 vehicles. Luminar is on track to meet or beat its major 2022 milestones and maintains a strong balance sheet.
- Luminar successfully launched its Iris lidar into series production, leveraging manufacturing partners in Mexico and Thailand.
- Luminar made strong progress improving and refining critical components of its software stack.
- Luminar remains on track to achieve its previously increased goal of 60% YoY growth for major commercial program wins.
- Luminar remains on track to achieve its previously increased goal of 60% YoY growth for its forward-looking order book.
Headline financials
Revenue & EPS history
Luminar · Revenue · Quarterly
$12.8M
Forward guidance
Luminar is maintaining its full-year revenue outlook of $40 million to $45 million, which the company raised in August.
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% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro