Valens Semiconductor: Q1 Earnings Insights

Valens Semiconductor VLN reported its Q1 earnings results on Wednesday, May 10, 2023 at 06:00 AM.

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

Earnings

Valens Semiconductor beat estimated earnings by 57.14%, reporting an EPS of $-0.03 versus an estimate of $-0.07.

Revenue was up $2.26 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.08 which was followed by a 2.01% increase 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.