Recap: Valens Semiconductor Q4 Earnings

Valens Semiconductor VLN reported its Q4 earnings results on Wednesday, February 28, 2024 at 06:00 AM.

Here's what investors need to know about the announcement.

Earnings

Valens Semiconductor beat estimated earnings by 700.0%, reporting an EPS of $0.06 versus an estimate of $-0.01.

Revenue was down $1.53 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 9.0% drop in the share price the next day.

Here's a look at Valens Semiconductor's past performance:

To track all earnings releases for Valens Semiconductor visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.