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

Cepton

09/05/2023 23:36

* Cepton Inc  CPTN.OQ  reported a quarterly adjusted loss
of 9
cents​​ per share for the quarter ended in March. The mean
expectation of five analysts for the quarter was for a loss
of 10 cents per share.
    * Revenue held steady 0% to $1.49 million from a year ago;
analysts expected $2.06 million. 
    * Cepton Inc's reported EPS for the quarter was a loss of 9
cents​.
    * The mean earnings estimate of analysts had risen by
about 0.7%
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 13.0% this quarter and
lost 68.2% so far this year.
    * The company reported a quarterly loss of $14.74 million.
    * Wall Street's median 12-month price target for Cepton Inc
is
$2.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
9 at 10:36 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.10          -0.09          Beat
 Dec. 31 2022      -0.10          -0.10          Met
 Sep. 30 2022      -0.10          -0.11          Missed
 Jun. 30 2022      -0.09          0.01           Beat