Velodyne Lidar’s Q2 revenue falls 15.4% y/y to USD11.5 million

Financial results

Net loss narrowed to USD44.3 million vs loss of USD79.2 million a year earlier

Velodyne Lidar has reported a 15.4% year-on-year (y/y) fall in second quarter revenue at USD11.5 million, according to an official filing on 8 August.

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