Recap: Cepton Q4 Earnings

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.

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.

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.

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