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Cepton reports Q2 adjusted EPS 3c, consensus (32c)

Reports Q2 revenue $10.4M, consensus $11M. “We are in the final stage of RFQ with a Top 10 global automotive OEM for our long-range lidar, and we anticipate final decision in the second half of this year,” said Jun Pei, Cepton’s Co-Founder and CEO. “We are excited about the next stage of Cepton’s growth to better support our automotive OEM customers in the commercialization of our lidar technology.”

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