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2021-06-26
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Luminar rose 12% in morning trading
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As of March 31, liquidity stood at $610.3M.</p>\n<p>The CFO says the extra cash will cushion the company against any potential \"bump on the road.\"</p>\n<p>Luminar's existing automaker relationships include Volvo, Daimler, and SAIC.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LAZR":"Luminar Technologies, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143833110","content_text":"(June 24) Luminar rose 12% in morning trading.\n\nLuminar Technologies CFO Tom Fennimore says the company targets becoming profitable in 2024.\nIn an interview withThe Wall Street Journal, Fennimore reiterates some of the company's full-year goals, weeks after sample versions of its lidar sensors went into production at a contract manufacturing facility in Mexico.\nFennimore says the company aims to end the year with more cash than at the beginning. 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