Cepton: Q3 Earnings Insights

Cepton CPTN reported its Q3 earnings results on Thursday, November 9, 2023 at 04:05 PM.

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

Cepton beat estimated earnings by 36.96%, reporting an EPS of $-0.58 versus an estimate of $-0.92.

Revenue was up $2.03 million from the same period last year.

Last quarter the company missed on EPS by $0.1 which was followed by a 9.26% drop in the share price the next day.

Here's a look at Cepton's past performance:

Quarter	Q2 2023	Q1 2023	Q4 2022	Q3 2022
EPS Estimate	-0.7	-1	-1	-1
EPS Actual	-0.8	-0.7	-0.9	-0.8
Revenue Estimate	3.30M	2.06M	2.32M	2.74M
Revenue Actual	2.79M	1.49M	1.58M	1.80M

To track all earnings releases for Cepton visit their earnings calendar here.

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