NASDAQ$LAZRQ
Luminar Technologies Inc. · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Announced Q4 and full-year 2022 financial results and provided guidance for near-term and long-term profitability.
Luminar reported Q4 2022 revenue of $11.1 million and a GAAP net loss of $144.8 million. The company is focusing on achieving key milestones, including bringing a new high-volume manufacturing facility in Mexico online, executing its product and technology roadmap, and growing its order book.
- Achieved start of production with Iris.
- Advanced software capabilities.
- Exceeded year-over-year growth targets for major commercial wins.
- Exceeded year-over-year growth targets for forward-looking order book.
Headline financials
Revenue & EPS history
Luminar · Revenue · Quarterly
$11.1M
Forward guidance
Luminar updated its annual business milestone targets and financial guidance for the full year of 2023. The company expects to reach positive gross margin by the fourth quarter.
Tailwinds
- Bring new high volume, automated manufacturing facility in Mexico online and validate to Volvo’s series production requirements for global vehicle launches
- Enter Iris+ C-phase
- Build next-gen lidar prototype
- Complete software to support Volvo and Mercedes-Benz series production programs
- Add at least $1 billion to forward-looking Order Book in 2023
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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