Brief: Valens Semiconductor Reports First Quarter 2022 Results

Valens Semiconductor

11/05/2022 11:05

May 11 (Reuters) - Valens Semiconductor Ltd  VLN.N :
    * VALENS SEMICONDUCTOR REPORTS FIRST QUARTER 2022 RESULTS
    * Q1 REVENUE $21.6 MILLION
    * Q2 REVENUE IS EXPECTED TO RANGE BETWEEN $21.6 MILLION AND
$22.0
MILLION
    * EXPECTS FY REVENUE TO RANGE BETWEEN $86.5 MILLION AND
$88.0
MILLION
    * QTRLY BASIC AND DILUTED NET LOSS PER ORDINARY SHARE $0.05
    * QTRLY NON-GAAP LOSS PER SHARE $0.02
    * Q1 EARNINGS PER SHARE VIEW $-0.10, REVENUE VIEW $20.8
MILLION --
REFINITIV IBES DATA
    * Q2 REVENUE VIEW $20.4 MILLION -- REFINITIV IBES DATA
    * FY2022 REVENUE VIEW $84.1 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nPn8Qxc2Ja 
Further company coverage:  VLN.N 

 ((Reuters.Briefs@thomsonreuters.com;))