Published on 8 Nov 2022 on Zacks via Yahoo Finance
Velodyne Lidar, Inc. (VLDR) Reports Q3 Loss, Tops Revenue Estimates
Velodyne Lidar, Inc. (VLDR) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of a loss of $0.24. This compares to loss of $0.19 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 45.83%. A quarter ago, it was expected that this company would post a loss of $0.32 per share when it actually produced a loss of $0.18, delivering a surprise of 43.75%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.