Chinese lidar company cuts annual revenue expectations by around $50M as customer Li Auto delays launch.
Sales revenues up another 10%, despite what CEO called a challenging market environment.
Latest round of quarterly financial results highlight efforts to reduce cash burn and sensors hitting the road.
Strong sales growth in Europe but order intake slips on weaker demand across several markets.
€45M deal with fast-growing Chinese buyer forms part of wider strategic reset.
Operating loss widens despite strong data center demand; stock rises 9% following announcement.
Investors include Export & Investment Fund Denmark, Jolt Capital, NGP Capital, and Swisscanto.
Two years after it was first agreed - and a year since it was initially blocked - the deal is set for completion.
Sales beat guidance in “challenging but stable” environment; firm predicts further growth.
Slower-than-expected recovery in telecom and other key markets remains offset by continued strength in AI-driven datacoms.
Additional $1.2BN funding for Israel's laser-based ‘Iron Beam’ system adds to momentum in directed energy weapons.
Developer of 'Cellvizio' endomicroscopy platform restructures repayment terms; opens lung cancer diagnostics center in France.
© 2024 SPIE Europe |
|