Luminar Technologies, which makes sensor technology for self-driving cars, filed for bankruptcy after losing a supply contract with Volvo Cars. The technology company said it has entered chapter 11 ...

Luminar's financial position has deteriorated significantly in 2025, and now appears to have reached a point where the company no longer has a viable future. In particular, automotive OEMs are ...

Luminar Technologies, Inc. (LAZR) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is ...

Volvo has reversed direction on a previous commitment to supply standard lidar on the EX90 SUV and ES90 sedan. It started with a vague announcement that "To meet customer demand and due to limited ...

It seems like the writing was already on the wall last week when Volvo moved to make its Luminar-supplied LiDAR system an option – there are now reports that the Swedish car brand is set to ditch ...

Many car manufacturers view LiDAR sensors as a key component in advanced self-driving systems, and Volvo was among the first to commit to the technology. The Swedish automaker partnered early with U.S ...

Volvo Cars has terminated its supply deal with Luminar Technologies, the US-based automotive lidar pioneer whose financial position already looks perilous. In a November 17 filing with the US ...

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 ...

Revenue: $18.7 million, up 20% sequentially and 21% year over year. Gross Loss (GAAP): Negative $8.1 million. Gross Loss (Non-GAAP): Negative $7.3 million. Operating Expenses (GAAP): $66.6 million.

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 ...

Luminar Technologies (LAZR) reported its Q3 2025 earnings, showcasing a 20% sequential and 21% year-over-year increase in revenue to $18.7 million. Despite this growth, the company faced a gross loss ...