Cepton Inc reports results for the quarter ended in December - Earnings Summary

Cepton

14/03/2023 21:02

* Cepton Inc  CPTN.OQ  reported a quarterly adjusted loss
of 10
cents​​ per share for the quarter ended in December. The mean
expectation of five analysts for the quarter was for a loss
of 10 cents per share.
    * Revenue was $1.58 million​; analysts expected $2.32
million. 
    * Cepton Inc's reported EPS for the quarter was a loss of 10
cents​.
    * The mean earnings estimate of analysts had risen by
about 2.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Cepton Inc shares had fallen by 59.8% this quarter.
    * The company reported a quarterly loss of $15.25 million.
    * Wall Street's median 12-month price target for Cepton Inc
is
$3.88 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
March 14 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.10          -0.10          Met
 Sep. 30 2022      -0.10          -0.11          Missed
 Jun. 30 2022      -0.09          0.01           Beat
 Mar. 31 2022      -0.09          -0.11          Missed