Cepton reports Q3 EPS (53c), consensus (36c)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 07 2024
0mins
Should l Buy ?
Q3 Revenue Decline: Cepton reported a Q3 revenue of $0.5M, down from $3.8M last year, while emphasizing progress in the commercialization of their lidar technology.
Strategic Partnerships and Acquisition: CEO Jun Pei highlighted ongoing negotiations with a top automotive OEM for long-range lidar and the significance of Koito's acquisition in enhancing growth and innovation in the automotive lidar market.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy ?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
