Cepton CPTN reported its Q4 earnings results on Thursday, March 28, 2024 at 04:10 PM.
Here's what investors need to know about the announcement.
Earnings
Cepton beat estimated earnings by 45.0%, reporting an EPS of $-0.41 versus an estimate of $-0.74.
Revenue was up $3.38 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.34 which was followed by a 5.0% drop in the share price the next day.
Here's a look at Cepton's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.92 | -0.7 | -1 | -1 |
| EPS Actual | -0.58 | -0.8 | -0.7 | -0.9 |
| Revenue Estimate | 5.12M | 3.30M | 2.06M | 2.32M |
| Revenue Actual | 3.83M | 2.79M | 1.49M | 1.58M |
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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