AEye to Report First Quarter 2023 Financial Results on Thursday, May 11

Rhea-AI Summary

AEye, Inc. (NASDAQ: LIDR), a leader in adaptive lidar solutions, is set to release its financial results for Q1 2023 on May 11, 2023, after market close. A conference call will follow at 1:30 p.m. PT to discuss the results and strategic benchmarks aimed at commercial production in automotive applications. The call will feature AEye's new management team, including CEO Matt Fisch and interim CFO Conor Tierney. The company emphasizes its innovative 4Sight™ Intelligent Sensing Platform, designed for advanced driver assistance and vehicle autonomy, among other applications.

Positive

• Management changes with CEO Matt Fisch and interim CFO Conor Tierney may bring new strategic vision.
• Focus on commercial production in automotive applications could lead to significant growth opportunities.

Negative

• No specific financial metrics or guidance were provided, leading to uncertainty about financial performance.

DUBLIN, Calif.--(BUSINESS WIRE)-- AEye, Inc. (Nasdaq: LIDR), a global leader in adaptive, high-performance lidar solutions, today announced that it will release its financial results for the first quarter ended March 31, 2023 after the market close on Thursday, May 11, 2023.

A conference call and audio webcast will be held the same day at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time). Supplemental financial information will be available on the company’s website prior to the earnings call.

AEye’s new management team, led by CEO Matt Fisch and interim CFO Conor Tierney, will discuss strategy and key benchmarks to achieve commercial production in automotive applications.

To access the conference call, please use the following link: https://investors.aeye.ai/

About AEye

AEye’s unique software-defined lidar solution enables advanced driver-assistance, vehicle autonomy, smart infrastructure, logistics and off-highway applications that save lives and propel the future of transportation and mobility. AEye’s 4Sight™ Intelligent Sensing Platform, with its adaptive sensor-based operating system, focuses on what matters most: delivering faster, more accurate, and reliable information. AEye’s 4Sight™ products, built on this platform, are ideal for dynamic applications which require precise measurement imaging to ensure safety and performance. AEye has a global presence through its offices in Germany, Japan, Korea and the United States.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230424005341/en/

Jennifer Deitsch

AEye, Inc.

jennifer@aeye.ai

925-400-4366

Margaret Boyce

Financial Profiles, Inc.

aeye@finprofiles.com

310-622-8247

John Brownell

Financial Profiles, Inc.

aeye@finprofiles.com

310-622-8249

Source: AEye, Inc.

FAQ

When will AEye, Inc. release its Q1 2023 financial results?

AEye, Inc. will release its Q1 2023 financial results on May 11, 2023, after market close.

What time is AEye's earnings conference call scheduled for?

The earnings conference call is scheduled for May 11, 2023, at 1:30 p.m. Pacific Time.

Who are the key members of AEye's new management team?

The key members of AEye's new management team include CEO Matt Fisch and interim CFO Conor Tierney.

What is the focus of AEye, Inc.'s business strategy?

AEye, Inc. focuses on adaptive lidar solutions for advanced driver assistance and vehicle autonomy.