Luminar Technologies (LAZR) Tops Q3 EPS by 2c
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Luminar Achieves Start of Production with SAIC’s Rising Auto; Reports Q3 Financials
November 2, 2022 4:00 PM EDTCompany Beats on Revenue and Earnings
ORLANDO, Fla.--(BUSINESS WIRE)-- Luminar (NASDAQ: LAZR), a leading global automotive technology company, announced its achievement of the start of production milestone and reported its financial results for the third quarter of 2022, ended Sept. 30, 2022. SAIC is the largest Chinese automaker, and the R7 is the first flagship vehicle from its new smart electric brand RISING AUTO. Its debut, featuring Luminar, marks an inflection point in the industry as Luminars technology makes its way into consumer production vehicles.
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