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Velodyne Lidar reports 52.1% y/y slump in Q2 revenue to USD13.6 million

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Financial results

Net loss for the period was USD80.7 million compared to a loss of USD9.7 million last year

Velodyne has reported a 52.1% year-over-year (y/y) decline in second quarter revenue at USD13.6 million, according to a company press release on 5 August.

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