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

Cepton

11/05/2022 22:55

* Cepton Inc  CPTN.OQ  reported a quarterly adjusted loss
of 11
cents​​ per share for the quarter ended in March. The mean
expectation of three analysts for the quarter was for a loss
of 9 cents per share.
    * Revenue was $1.49 million​;  analysts expected $1.60
million. 
    * Cepton Inc's reported EPS for the quarter was 32 cents​.
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Cepton Inc shares had fallen by 30.9% this quarter and
lost 73.0% so far this year.
    * The company reported quarterly net income of $41.2
million.
    * Wall Street's median 12-month price target for Cepton Inc
is
$19.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 11 at 09:55 p.m.  ​All
figures in US dollars unless otherwise stated