Brief: Valens Semiconductor Reports Fourth Quarter And Full Year 2022 Results

Valens Semiconductor

01/03/2023 11:26

March 1 (Reuters) - Valens Semiconductor Ltd  VLN.N :
    * VALENS SEMICONDUCTOR REPORTS FOURTH QUARTER AND FULL YEAR
2022
RESULTS
    * VALENS SEMICONDUCTOR LTD SEES FY REVENUE $97.0 MILLION TO
$100.0
MILLION
    * Q4 REVENUE REACHED $23.5 MILLION, UP 13.2% FROM Q4 OF 2021
    * FOR Q1 OF 2023, REVENUES ARE EXPECTED TO RANGE BETWEEN
$23.6
MILLION AND $23.8 MILLION
    * EXPECT SALES GROWTH TO BE A LITTLE BIT STEEPER IN SECOND
HALF OF
2023
    * VALENS SEMICONDUCTOR LTD QTRLY NON-GAAP LOSS PER SHARE
$0.03
    * VALENS SEMICONDUCTOR LTD QTRLY BASIC AND DILUTED NET LOSS
PER
ORDINARY SHARE $0.07

Source text for Eikon:  ID:nPn29x8VGa 
Further company coverage:  VLN.N