Aeva Technologies (NASDAQ:AEVA), a Silicon Valley-based developer of 4D LiDAR sensing solutions, reported its financial results for the second quarter of fiscal 2025 on July 31, 2025. Aeva delivered record GAAP revenue of $5.5 million, up 175% year-over-year (GAAP) and well above analyst expectations. Non-GAAP earnings per share came in at $(0.44), also ahead of the consensus non-GAAP estimate of $(0.47). This quarter reflects major commercial and technological progress, but ongoing negative gross margins and significant operating losses remain key watch points.

Source: Analyst estimates for the quarter provided by FactSet.

Aeva Technologies develops Frequency-Modulated Continuous Wave (FMCW) LiDAR, a sensor technology that helps machines and vehicles perceive and measure their environment with high accuracy. Its main products enable instant velocity detection and 3D spatial measurement, supporting critical applications in autonomous vehicles, robotics, and industrial automation.

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Source Fool.com