Velodyne Lidar, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was USD 9.64 million compared to USD 13.06 million a year ago. Net loss was USD 41.56 million compared to USD 54.71 million a year ago. Basic loss per share from continuing operations was USD 0.19 compared to USD 0.28 a year ago.
For the nine months, revenue was USD 27.33 million compared to USD 44.38 million a year ago. Net loss was USD 134.98 million compared to USD 174.77 million a year ago. Basic loss per share from continuing operations was USD 0.66 compared to USD 0.91 a year ago.