Recap: Valens Semiconductor Q4 Earnings

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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:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -0.09 -0.05 -0.07 -0.11
EPS Actual -0.08 0 -0.03 -0.03
Revenue Estimate 14.09M 23.97M 23.71M 23.15M
Revenue Actual 14.17M 24.18M 23.88M 23.47M

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.

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