Luminar To Pilot New Update Formats; Next Quarterly Review on Nov 8th
Luminar, a leading global automotive technology company, is shaking things up with a new format for its quarterly shareholder letter. In an effort to provide more value and engagement, the company will be releasing a shareholder letter and press release instead of prepared remarks on the call. This will allow for more time to be dedicated to live Q&A, giving analysts, institutional investors, and retail investors the opportunity to ask their burning questions directly to Luminar’s leadership.
The shareholder letter will cover a range of important topics, including updates on Luminar’s business milestones, advancements in LiDAR, semiconductor, and AI products, as well as the company’s financials and outlook. By providing this comprehensive update, Luminar aims to keep its shareholders well-informed and engaged in the company’s progress.
But that’s not all. Luminar is also leveraging its corporate communications channel to provide regular updates and commentary on major business milestones and developments. By signing up for the Investor Relations email distribution list, shareholders can stay up-to-date with the latest news and announcements from the company. All emails will be published and archived on the Luminar IR website, ensuring easy access to information.
To make the quarterly business update even more interactive, Luminar is inviting institutional shareholders to submit questions via email. These questions will be addressed during the live Q&A session. Additionally, retail shareholders will also have the opportunity to participate by submitting and upvoting questions on the SAY platform. This inclusive approach ensures that a broad range of questions will be answered during the business update call.
The eagerly anticipated quarterly business update is scheduled for Wednesday, November 8, 2023. At 1:00 p.m. PDT (4:00 p.m. EDT), Luminar will issue a press release and the shareholder letter. Following that, at 2:00 p.m. PDT (5:00 p.m. EDT), Luminar Founder and CEO Austin Russell and CFO Tom Fennimore will host a webcast primarily focused on the live Q&A session.
Luminar is a global automotive technology company that is revolutionizing vehicle safety and autonomy. With over 50 industry partners, including major automotive OEMs like Volvo Cars and Mercedes-Benz, Luminar is at the forefront of enabling next-generation safety and autonomous capabilities for production vehicles worldwide. Collaborations with technology powerhouses such as NVIDIA and Mobileye further solidify Luminar’s position as a key player in the automotive industry.
By adopting this new format for its shareholder letter and providing regular updates through its corporate communications channel, Luminar is demonstrating its commitment to transparency, engagement, and shareholder satisfaction. Investors and enthusiasts alike can look forward to an exciting and informative quarterly business update from Luminar on November 8, 2023.
For more information about Luminar and its groundbreaking automotive technology, please visit www.luminartech.com.
Source: [Business Wire](https://www.businesswire.com/news/home/20231010195762/en/)