AEye (NASDAQ:LIDR) Posts Quarterly Earnings Results

AEye (NASDAQ:LIDR) announced its earnings results on Thursday. The company reported ($0.91) EPS for the quarter, Zacks reports. AEye had a negative return on equity of 169.57% and a negative net margin of 17,554.46%. The business had revenue of $0.05 million for the quarter.

AEye Stock Down 8.7 %

Shares of LIDR opened at $0.77 on Friday. AEye has a 12 month low of $0.75 and a 12 month high of $5.15. The firm’s 50 day moving average is $1.23 and its 200-day moving average is $1.18. The company has a quick ratio of 2.24, a current ratio of 2.26 and a debt-to-equity ratio of 0.01.

About AEye

AEye, Inc, together with its subsidiaries, provides lidar systems for vehicle autonomy, advanced driver-assistance systems, and robotic vision applications in the United States, Europe, and Asia-Pacific. It offers 4Sight intelligent sensing lidar platform, including 4Sight at Design, Triggered 4Sight, Responsive 4Sight, and Predictive 4Sight; and 4Sight for automotive and industrial market.