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Valens (VLN)
:VLN
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Earnings Data
Report Date
Feb 26, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
-0.03Last Year’s EPS
0.06Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 11, 2021
|% Change Since: 91.16%
|Next Earnings Date:Sep 01, 2021
Earnings Call Sentiment|Neutral
The earnings call presented a mix of positive growth achievements, particularly in revenue exceeding guidance and strategic wins in the automotive sector. However, these were offset by financial losses and operational challenges like decreased gross margins and increased SG&A expenses. The sentiment is balanced with optimism for future growth, tempered by current financial challenges.Company Guidance
During the third quarter 2024 earnings call for Valens Semiconductor, the company provided an optimistic outlook, highlighting several key metrics and strategic initiatives. Valens reported revenues of $16 million, surpassing their guidance range of $14.7 million to $15.4 million, with Acroname, a recent acquisition, contributing $1.6 million. The GAAP gross margin was 56.4%, outperforming the guidance range of 52% to 53%, and the adjusted EBITDA loss was $5.1 million, better than the forecasted loss range of $6.8 million to $6.3 million. The company maintains a strong balance sheet with $133.1 million in cash and equivalents. Looking forward, for Q4 2024, Valens expects revenues between $16 million and $16.3 million, with a gross margin range of 58% to 62%, and an adjusted EBITDA loss ranging from $4.9 million to $4 million. For the full year 2024, they project revenues between $57.2 million and $57.5 million, gross margins from 58% to 60%, and an adjusted EBITDA loss between $22.3 million to $21.4 million.Exceeded Revenue Guidance
Valens Semiconductor reported Q3 2024 revenues of $16 million, surpassing the guidance range of $14.7 million to $15.4 million.
Automotive Design Wins
Achieved 3 design wins with leading European OEMs for the V7000 chipsets, with integration expected in vehicle models starting 2026.
Successful Integration of Acroname
Acroname contributed $1.6 million to the quarter's revenue, exceeding the guidance range of $1.2 million to $1.4 million.
Strong Cash Position
Valens ended the quarter with $133.1 million in cash and cash equivalents, with no debt.
Growth in Audio-Video Segment
The audio-video segment, including Acroname, contributed 60% of the total Q3 2024 revenue, indicating strong market demand.
Positive Customer Feedback
Received outstanding feedback for VA7000 and VS6320 products at the Vision trade show, indicating strong potential in industrial machine vision.
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VLN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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VLN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 06, 2024 | $1.81 | $1.80 | -0.55% |
| Aug 07, 2024 | $2.45 | $2.60 | +6.12% |
| May 08, 2024 | $2.45 | $2.45 | 0.00% |
| Feb 28, 2024 | $2.36 | $2.37 | +0.42% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Valens (VLN) report earnings?
Valens (VLN) is schdueled to report earning on Feb 26, 2025, TBA Not Confirmed.
What is Valens (VLN) earnings time?
Valens (VLN) earnings time is at Feb 26, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is VLN EPS forecast?
VLN EPS forecast for the fiscal quarter 2024 (Q4) is -0.03.
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