
Valens Semiconductor (NYSE:VLN) Releases Earnings Results, Beats Estimates By $0.01 EPS

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Valens Semiconductor (NYSE:VLN) reported Q1 earnings of ($0.05) EPS, beating estimates by $0.01. Revenue was $16.86 million, exceeding the $16.47 million forecast. The company has a negative return on equity of 27% and a net margin of 44.72%. Management projects Q2 revenue between $17.2 million and $17.6 million, with a full-year guidance of $75 million to $77 million. The CFO will leave on July 13. Shares rose to $3.40, with a market cap of $350.78 million. Insider trading activity includes a director selling shares, and institutional investors have increased their stakes.
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