Luminar Shares Surge Following Mixed Q3 Earnings Results: Insights
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 13 2025
0mins
Source: Benzinga
Earnings Report: Luminar Technologies reported a quarterly loss of 94 cents per share, which was better than the expected loss of 99 cents, but its revenue of $18.74 million fell short of the $22.27 million estimate.
Leadership Change: The company appointed Thomas Beaudoin as CFO, effective November 13, 2025.
Market Challenges: CEO Paul Ricci acknowledged the difficulties in the automotive LiDAR market and emphasized the need to strengthen the company's capital structure and liquidity.
Stock Performance: Following the earnings report, Luminar's stock rose by 24.52% to $1.32 in extended trading, although the company has suspended its guidance for the fiscal year ending December 31, 2025.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
