US Stocks Move | Lidar company AEye drops 16.4% pre-market as Q1 revenue misses expectations and losses continue
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Glonghui May 14｜AEye (LIDR.US) fell 16.4% pre-market to $2. In the news, AEye released its 2026 Q1 financial report after the close on May 13: The company is still in the early stages of commercialization, with revenue of $101,000—an increase of nearly 60% year-over-year but significantly below the market expectation of $275,000. Losses persist, but cash reserves remain ample. Management highlighted record expansion of commercial channels, reiterated that the full-year cash burn guidance is unchanged, and expects a revenue inflection point in the second half of the year.
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