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AEye reports Q3 EPS (11c), two estimates (18c)

Reports Q3 revenue $767K, consensus $730K. "Today, we also are announcing that we have broken ground on our high-volume manufacturing line at Sanmina’s future plant in Thailand. The commitment from our partners to build out high-volume and low-cost manufacturing capabilities represents an important accomplishment and is a key component in our differentiated business model to drive market and customer expansion as the lidar industry scales. We believe AEye is the only lidar supplier to have two manufacturing partners, Sanmina and Continental, in a capital-light business model," said Blair LaCorte, chief executive officer of AEye.

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Published first on TheFly

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