Velodyne Lidar Inc (NASDAQ:VLDR) Reports Mixed Quarterly Earnings, Stock Falls

August 18, 2021

Velodyne Lidar Inc (NASDAQ:VLDR) is down 16% in a week after announcing its Q2 2021 financial results for the period ended June 30, 2021. The company shipped over 3,800 sensor units during the quarter, with 72% of the shipments being spot purchases and 28% being shipments to customers with multi-year agreements. Most importantly, the company continues solid-state sensors sales leadership with over 250 sensors already sold. As of August 1,…