Aurora Innovation (AUR) To Release its FQ2 2025 Earnings On July 30

Aurora Innovation, Inc. (NASDAQ:AUR) is one of the Best Tech Stocks to Buy Under $20. On July 9, Aurora Innovation, Inc. (NASDAQ:AUR) announced its fiscal second quarter 2025 earnings release date. The company will hold its earnings call on July 30, 2025.

The company released important updates during the fiscal first quarter of 2025, noting that it has closed all remaining software and vehicle claims, achieving ARM 100%, meaning that its AI for driverless operations has been validated and approved. Management noted that two driverless trucks run daily between Dallas and Houston, highlighting that they have completed over 4,000 fully driverless miles. The company expects more customers to join in the coming months, with tens of trucks on the road by the end of 2025.

Management of Aurora Innovation, Inc. (NASDAQ:AUR) noted that although they started recognizing pilot revenue in Q1, they have only started recognizing broader revenue linked to their commercial driverless operations starting Q2 2025. This revenue will be available as the company reports its second-quarter results. The company ended the fiscal first quarter with $1.2 billion in cash and short-term investments, and management expects this gives the company a smooth runway to fund operations through Q4 2026.

Aurora Innovation, Inc. (NASDAQ:AUR) is a tech company that develops the Aurora Driver, an advanced self-driving system designed to operate various vehicle types.

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Disclosure: None. This article is originally published at Insider Monkey.