After 10-plus years of moonshot R&D,
Luminar Technologies
has made it into automotive production with its radarlike systems.
Wednesday evening, lidar maker Luminar (ticker: LAZR) reported third-quarter results that beat Wall Street expectations. Sales came in at $12.8 million. Analysts were projecting $9.3 million in sales. Costs came in lower than Wall Street projected as well.
Source: https://www.barrons.com/articles/luminar-technologies-lidar-earnings-stock-price-51667424013?siteid=yhoof2&yptr=yahoo