Earnings Summary

Luminar Technologies Inc’s revenue jumped 63.08% since last year same period to $16.2Mn in the Q2 2023. On a quarterly growth basis, Luminar Technologies Inc has generated 11.63% jump in its revenue since last 3-months.

Luminar Technologies Inc’s net profit fell -48.84% since last year same period to $-141.76Mn in the Q2 2023. On a quarterly growth basis, Luminar Technologies Inc has generated 3.42% jump in its net profits since last 3-months.

Luminar Technologies Inc’s net profit margin jumped 8.73% since last year same period to -875.2% in the Q2 2023. On a quarterly growth basis, Luminar Technologies Inc has generated 13.48% jump in its net profit margins since last 3-months.

Luminar Technologies Inc’s earning per share (EPS) estimates for the current quarter stand at -0.21 - a -5% fall from last quarter’s estimates.

Luminar Technologies Inc’s earning per share (EPS) estimates for the current year stand at -0.21.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Luminar Technologies Inc’s return on assets (ROA) stands at -0.49.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Luminar Technologies Inc’s return on equity (ROE) stands at -24.25.