Lazr stock
Luminar Technologies (NASDAQ:LAZR) Stock Price Down 4% After Analyst Downgrade
Luminar Technologies, Inc. (NASDAQ:LAZR) posted its earnings results on Thursday, November, 11th. The company reported ($0.10) earnings per share for the quarter, meeting analysts' consensus estimates of ($0.10). The business earned $7.98 million during the quarter, compared to analysts' expectations of $8.98 million. Luminar Technologies had a negative trailing twelve-month return on equity of 771.53% and a negative net margin of 1,095.73%. Lazr share price © 2023, Nasdaq, Inc. All Rights Reserved.
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What's Happening With Luminar Technologies Inc Stock Today?
As of the last closing price of $8.48, shares in Luminar Technologies were trading +12.93% higher than their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia. Menu While Luminar Technologies has not begun commerical operations, it earns revenue in two segments: Autonomy Solutions and Components.