Brief: Valens Semiconductor reports Q2 results

Valens Semiconductor

10/08/2022 11:08

Aug 10 (Reuters) - Valens Semiconductor Ltd  VLN.N :
    * VALENS SEMICONDUCTOR REPORTS SECOND QUARTER 2022 RESULTS
    * QUARTERLY REVENUES OF $22.5 MILLION, UP 28.4% FROM Q2 2021
AND
UP 4.0% FROM Q1 2022
    * FOR Q3 OF 2022, REVENUES ARE EXPECTED TO RANGE BETWEEN
$22.5
MILLION AND $22.8 MILLION
    * NOW EXPECTS FY REVENUES TO RANGE BETWEEN $89.1 MILLION AND
$89.8
MILLION
    * QTRLY NON-GAAP LOSS PER SHARE $0.08
    * QTRLY BASIC AND DILUTED NET LOSS PER ORDINARY SHARE $0.10
    * Q2 EARNINGS PER SHARE VIEW $-0.09, REVENUE VIEW $21.7
MILLION --
REFINITIV IBES DATA
    * Q3 REVENUE VIEW $21.9 MILLION -- REFINITIV IBES DATA
    * FY2022 REVENUE VIEW $87.1 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nPn2jpm10a 
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