Cepton reports Q3 EPS (53c), consensus (36c)

Written by Emily J. Thompson, Senior Investment Analyst

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Updated: Nov 07 2024

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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.

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.

Cepton reports Q3 EPS (53c), consensus (36c)

About the author

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