In This Article:
Valens Semiconductor (NYSE:VLN) Third Quarter 2024 Results
Key Financial Results
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Revenue: US$16.0m (up 13% from 3Q 2023).
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Net loss: US$10.4m (loss narrowed by 17% from 3Q 2023).
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US$0.098 loss per share (improved from US$0.12 loss in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Valens Semiconductor Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 4.5%. Earnings per share (EPS) missed analyst estimates by 100%.
Looking ahead, revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Semiconductor industry in the US.
Performance of the American Semiconductor industry.
The company's shares are up 5.4% from a week ago.
Risk Analysis
It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Valens Semiconductor, and understanding this should be part of your investment process.
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