Velodyne Lidar (NASDAQ:VLDR) reported its Q1 earnings results on Thursday, May 5, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Velodyne Lidar missed estimated earnings by 22.22%, reporting an EPS of $-0.22 versus an estimate of $-0.18.
Revenue was down $11.55 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 2.71% drop in the share price the next day.
Here's a look at Velodyne Lidar's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.17 | -0.14 | -0.14 | -0.12 |
| EPS Actual | -0.16 | -0.19 | -0.18 | -0.14 |
| Revenue Estimate | 16.65M | 20.62M | 17.18M | 15.81M |
| Revenue Actual | 17.54M | 13.06M | 13.60M | 17.73M |
To track all earnings releases for Velodyne Lidar visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
