ORLANDO, Fla.--(BUSINESS WIRE)--Luminar (Nasdaq: LAZR), a leading global automotive technology company, today announced it will provide its business update for the second quarter of 2025 following the ...
ORLANDO, Fla.--(BUSINESS WIRE)-- Luminar (Nasdaq: LAZR), a leading global automotive technology company, today announced it will provide its quarterly update for the third quarter of 2025 following ...
・Luminar stated that it anticipates incurring approximately $2 million to $3 million in cash charges related to employee severance and other employee costs, primarily in the fourth quarter of 2025.
Swedish automaker Volvo has canceled a five-year-old contract with Luminar, the latest escalation in an increasingly ugly brawl between the lidar sensor company and its biggest customer. The fight is ...
Lidar-maker Luminar is warning shareholders that it will run out of cash in early 2026 and has announced a 25% cut to its workforce to help staunch the bleeding — its second layoff of the year — ...
The suspension of financial guidance and dependence on forbearance agreements highlight ongoing capital structure and liquidity uncertainty acknowledged by management. CEO Ricci stated, "the uncertain ...