Aurora Innovation (AUROW) Expected to Release Quarterly Earnings on Wednesday

Aurora Innovation (NASDAQ:AUROW – Get Free Report) is expected to be issuing its results after the market closes on Wednesday, October 28th. Analysts expect the company to post earnings of ($0.1244) per share and revenue of $2.99 million for the quarter.

Aurora Innovation Price Performance

NASDAQ:AUROW opened at $0.01 on Monday. The firm has a 50 day simple moving average of $0.05 and a 200-day simple moving average of $0.22. Aurora Innovation has a 1-year low of $0.01 and a 1-year high of $0.87.

Aurora Innovation Company Profile

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Aurora Innovation, Inc develops autonomous vehicle technology designed to support the movement of people and goods. Its principal product is the Aurora Driver, an integrated hardware and software system that combines sensors, artificial intelligence, mapping and vehicle-control technologies to enable self-driving capabilities.

The company focuses primarily on autonomous trucking and passenger mobility. Aurora works with vehicle manufacturers, transportation companies and logistics providers to integrate its technology into commercial trucks and other vehicles, with the goal of enabling driverless freight transportation and, over time, autonomous ride services.

Aurora was founded in 2017 by Chris Urmson, Drew Bagnell and Sterling Anderson and became a publicly traded company in 2021 through a business combination with Reinvent Technology Partners.

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