AEye accelerates commercial activity with 10x year-over-year revenue growth in Q3
LIDR AEye Inc
$0.84 -5.96%
View chart & analysis → - 1AEye's commercial activity accelerated with a 10x year-over-year revenue growth in Q3.
- 2AEye saw a 28% increase in the number of customers executing revenue-generating POCs compared to the previous quarter.
- 3AEye's revenue is expected to be approximately $1 million in Q4.
So what's the key point?
AEye's revenue increased 10 times compared to last year. As more customers move into the stage of actually testing products, Q4 revenue is expected to reach around $1 million.
Source The Motley Fool +1 · View original ↗
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