Quick answer: latest quarter results, by ticker or company name

Reported Q: Q2 2024 Rev YoY: -94.4% EPS YoY: +55.6% Move: -4.15%

AEye Inc

LIDR

$1.850 -4.15%

Exchange NASDAQ Sector Consumer Cyclical Industry Auto Parts

Q2 2024

Published: Aug 7, 2024

Company Status Snapshot

Fast view of the latest quarter outcome for LIDR

Reported

Report Date

Aug 7, 2024

Quarter Q2 2024

Revenue

32.00K

YoY: -94.4%

EPS

0.00

YoY: +55.6%

Market Move

-4.15%

Previous quarter: Q1 2024

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Earnings Highlights

Revenue of $0.03M down 94.4% year-over-year
EPS of $0.00 increased by 55.6% from previous year
Gross margin of -400.0%
Net income of -7.99M
""During the second quarter, we saw significant momentum with our new product launch, OEM and partner engagements, and bolstering of the company's cash runway."" - Matt Fisch

LIDR

Company LIDR

Period Q2 2024

Currency USD

Report Type Quarterly Earnings

Generated Mar 28, 2026

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Executive Summary

AEye reported QQ2 2024 revenue of $32.0 million (USD thousands) with a GAAP gross loss of $128.0 million and a GAAP net loss of $8.0 million, reflecting a heavy investment phase as Apollo advances toward commercialization. The quarter’s top‑line growth QoQ (+60%) contrasts with a substantial gross margin shortfall and ongoing operating losses, underscoring the company’s early‑stage technology cycle and its reliance on external capital to fund R&D, cost reductions, and go‑to‑market initiatives. Management stressed progress on Apollo with a software‑defined lidar platform at 1550 nm, long‑range capability (demonstrated at 1 kilometer), and a capital‑light strategy designed to extend runway into 2H2025 and beyond via new financing arrangements and cost containment.

Key Performance Indicators

Revenue

Decreasing

32.00K

QoQ: 60.00% | YoY: -94.40%

Gross Profit

Increasing

-128.00K

-4.00% margin

QoQ: 7.25% | YoY: 90.45%

Operating Income

Increasing

-8.26M

QoQ: 22.17% | YoY: 48.99%

Net Income

Increasing

-7.99M

QoQ: 21.84% | YoY: 50.18%

EPS

Increasing

0.00

QoQ: 25.00% | YoY: 55.56%

Revenue Trend

Margin Analysis

Financial Highlights

Revenue: $32.0m; YoY change: -94.4%; QoQ change: +60.0%
Gross Profit: -$128.0m; Gross Margin: -4.0%
Operating Expenses (GAAP): $8.128m; as a % of revenue, elevated due to ongoing product development and G&A activity
EBITDA: -$7.96m; EBITDARatio: -248.75%
Operating Income: -$8.256m; Operating Income Margin: -258.0%
Net Income: -$7.987m; Net Income Margin: -249.59%
EPS (GAAP): -$0.0012; Weighted Avg Shares: 6.874B
Cash Flow: Net cash from operating activities -$6.356m; Capex -$0.147m; Free Cash Flow -$6.503m
Liquidity: Cash and cash equivalents + marketable securities at quarter end: $27.989m; Cash end of period: $11.215m; Total assets: $44.014m; Long‑term debt: $14.210m; Total liabilities: $23.204m; Total stockholders’ equity: $20.810m
Liquidity/Leverage Ratios: Current ratio 3.38; Quick ratio 3.33; Cash burn reduction trend continuing (Q2 burn of $6.2m ex‑financing vs Q1 at $7.6m), with financing activity driving runway extension.

Income Statement

Metric	Value	YoY Change	QoQ Change
Revenue	32.00K	-94.40%	60.00%
Gross Profit	-128.00K	90.45%	7.25%
Operating Income	-8.26M	48.99%	22.17%
Net Income	-7.99M	50.18%	21.84%
EPS	0.00	55.56%	25.00%

Key Financial Ratios

Gross Profit Margin

Weak

-4.00%

Gross profit margin is below industry norms, profitability concerns

Operating Profit Margin

Weak

-258.00%

Operating margin is below industry norms, profitability concerns

Net Profit Margin

Weak

-249.59%

Net profit margin is below industry norms, profitability concerns

Return on Assets

Weak

-0.18%

Return on assets suggests inefficient capital allocation

Return on Equity

Weak

-0.38%

Return on equity suggests inefficient capital allocation

Current Ratio

Strong

3.38

Current ratio indicates excellent liquidity and financial flexibility

Debt to Equity

Elevated

0.68

Debt-to-equity shows significant leverage, monitor debt levels

P/E Ratio

Negative

-421.75x

Negative earnings make P/E ratio not meaningful

Price to Book

High Premium

647.47x

Very high premium suggests asset-light business model or lofty expectations

Historical Earnings Comparison

Period	Revenue ($M)	YoY Growth	Report
Q1 2025	0.06	+220.0%	View
Q4 2024	0.05	-33.3%	View
Q3 2024	0.10	-44.7%	View
Q2 2024	0.03	-94.4%	View
Q1 2024	0.02	-96.9%	View

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Q4 2024 Report

AEye Inc (LIDR) QQ4 2024 Results Analysis: Apollo Progress, Capital-Light Model Extended Runway, and Path to High-Volume Production in Automotive LiDA...

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Q3 2024 Report

AEye Inc (LIDR) QQ3 2024 Results: Capital-Light LiDAR Strategy Advances Apollo, Delivers 1 km High-Resolution Detection and NVIDIA Hyperion Progress...

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Q1 2024 Report

AEye Inc (LIDR) QQ1 2024 Results Analysis: Capital-Light LiDAR Strategy Drives Cash-Burn Reduction Amid Strategic Partnerships and China Market Expans...

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AEye Inc (LIDR) Q2 2024 Earnings Report

Company Status Snapshot

Earnings Highlights

Executive Summary

Key Performance Indicators

Revenue Trend

Margin Analysis

Historical Earnings Comparison

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Q2 2024 Reports in Consumer Cyclical Sector

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