Earnings summaries and quarterly performance for LAZR.
Executive leadership at LAZR.
Board of directors at LAZR.
Alec Gores
Director
Austin Russell
Director
Daniel Tempesta
Director
Dominick Schiano
Director
Elizabeth Abrams
Director
Katharine Martin
Director
Mary Lou Jepsen
Director
Matthew Simoncini
Lead Independent Director
Patricia Ferrari
Director
Shaun Maguire
Director
Research analysts who have asked questions during LAZR earnings calls.
Jash Patwa
JPMorgan Chase & Co.
4 questions for LAZR
Mark Delaney
The Goldman Sachs Group, Inc.
3 questions for LAZR
Yan Dong
Deutsche Bank
3 questions for LAZR
John Babcock
Bank of America
2 questions for LAZR
Federico Merendi
Bank of America
1 question for LAZR
Kevin Cassidy
Rosenblatt Securities
1 question for LAZR
Morgan Long
Goldman Sachs
1 question for LAZR
Richard Shannon
Craig-Hallum Capital Group LLC
1 question for LAZR
Tristan Gerra
Robert W. Baird & Co.
1 question for LAZR
Tyler Perry Anderson
Craig-Hallum
1 question for LAZR
Walter Piecyk
LightShed Partners
1 question for LAZR
Winnie Dong
Deutsche Bank
1 question for LAZR
Recent press releases and 8-K filings for LAZR.
- Luminar Technologies, Inc. and certain subsidiaries filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code on December 15, 2025.
- The company's Class A Common Stock was delisted from Nasdaq and began trading on the OTC Pink Limited Market under the symbol "LAZRQ" on December 24, 2025.
- A Chapter 11 Plan of Liquidation was filed on December 30, 2025, providing for the liquidation of remaining assets and distribution of proceeds to stakeholders. Bids for the Debtors' assets are due by January 9, 2026.
- The company's financial difficulties were significantly impacted by the deterioration of its relationship with Volvo, which resulted in a 90% reduction in estimated lifetime volumes and a projected revenue of $53 million from the Volvo contract, against approximately $200 million in incurred costs.
- Luminar Technologies, Inc. (NASDAQ: LAZR) has initiated voluntary chapter 11 cases in the U.S. Bankruptcy Court for the Southern District of Texas.
- The company entered chapter 11 with the support of approximately 91.3% of its first lien noteholders and approximately 85.9% of its second lien noteholders.
- The purpose of these proceedings is to facilitate a value-maximizing sale process.
- Luminar Technologies, Inc. (LAZR) has agreed to sell its wholly owned subsidiary, Luminar Semiconductor, Inc. (LSI), to Quantum Computing Inc. (QCi) in an all-cash transaction valued at $110 million.
- LSI specializes in photonics components, subsystems, and systems, with capabilities in areas such as missile defense, quantum sensing, and optical communications.
- Luminar has initiated voluntary Chapter 11 bankruptcy cases, but LSI is not a debtor in these cases and is operating in the ordinary course.
- The transaction requires approval from the bankruptcy court, which is expected by the end of January 2026.
- Luminar Technologies, Inc. initiated voluntary Chapter 11 cases in the U.S. Bankruptcy Court for the Southern District of Texas to facilitate value-maximizing sale processes for its LiDAR business (LiDARCo) and the equity of its Luminar Semiconductors, Inc. (LSI) subsidiary.
- The company entered Chapter 11 with support from approximately 91.3% of its first lien noteholders and 85.9% of its second lien noteholders.
- An agreement has been reached to sell LSI to Quantum Computing Inc. for $110 million in cash, subject to higher or better offers.
- The Ad Hoc Group has consented to Luminar's use of approximately $25 million of cash on hand to fund the Chapter 11 cases and support operations.
- Luminar expects to continue operating its business and aims to complete the transactions by the end of January 2026, subject to Bankruptcy Court approval.
- Luminar Technologies, Inc. (NASDAQ: LAZR) has initiated voluntary chapter 11 cases in the U.S. Bankruptcy Court for the Southern District of Texas.
- The company entered chapter 11 with the support of approximately 91.3% of its first lien noteholders and approximately 85.9% of its second lien noteholders.
- The purpose of the chapter 11 filing is to facilitate a value-maximizing sale process.
- Luminar reported Q1 2021 revenue of $5.3 million and ended the quarter with a cash position of $610 million as of March 31, 2021, after raising $154 million from warrant exercises in Q1.
- For 2021, the company projects revenue between $25-30 million and anticipates a year-end cash position exceeding $486 million.
- Key business developments include the completion of first production units at Celestica, expansion into aviation with Airbus UpNext, and new partnerships in China with SAIC and Pony.ai.
- Luminar (LAZR) reported Q3 2025 revenue of $18.7 million, representing a 20% sequential increase and 21% year-over-year growth, driven by increased series production shipments, higher Non-Recurring Engineering (NRE) revenue, and growth in defense-related LSI revenue.
- The company's GAAP gross loss improved to $(8.1) million (Non-GAAP: $(7.3) million), and Non-GAAP operating expenses declined sequentially to $43.0 million from $47.0 million in Q2 2025, primarily due to lower R&D spending and ongoing cost actions.
- As of Q3 2025, Luminar held $74 million in cash and marketable securities. The company has entered into forbearance agreements with the majority of secured noteholders and suspended activity under its equity facilities to enable discussions on a longer-term capital structure solution.
- Luminar reported Q3 2025 revenue of $18.7 million, an increase of 20% sequentially and 21% year-over-year, and a GAAP gross loss of negative $8.1 million. The company ended the quarter with $74 million in cash and marketable securities.
- The company has suspended its 2025 financial guidance and entered into forbearance agreements with secured noteholders while negotiating a longer-term capital structure solution. Luminar is also evaluating multiple preliminary proposals to purchase the entire company or certain assets.
- Luminar faces uncertainty with its Volvo relationship, including a claim for damages and paused production, and has paused development activity with Mercedes. In response, the company is shifting its focus to non-automotive markets, particularly aerospace and defense, and elevating its LSI photonics business, which generated approximately $18 million in revenue year-to-date.
- As part of an ongoing realignment, Luminar plans to reduce its workforce by approximately 25% by year-end. Additionally, Tom Fennimore is stepping down as CFO, with Tom Bowden appointed as the new CFO.
- Kahn Swick & Foti, LLC (KSF) has initiated an investigation into Luminar Technologies, Inc. (LAZR) to determine if its officers and/or directors breached their fiduciary duties or violated state or federal laws.
- This investigation follows a March 2023 media report that accused Luminar of attempting to pass off a Lidwave photonic integrated circuit (PIC) as its own technology, which was displayed at a February 2023 investor conference.
- A securities class action lawsuit against Luminar and certain executives, alleging failure to disclose material information in violation of federal securities laws, is currently ongoing.
Quarterly earnings call transcripts for LAZR.
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