Brief: Valens Semiconductor Reports Third Quarter 2023 Results

Valens Semiconductor

08/11/2023 11:04

Nov 8 (Reuters) - Valens Semiconductor Ltd  VLN.N :
    * VALENS SEMICONDUCTOR REPORTS THIRD QUARTER 2023 RESULTS
    * VALENS SEMICONDUCTOR LTD - FOR Q4 2023, COMPANY IS
PROVIDING
REVENUES GUIDANCE AT RANGE BETWEEN $21.6 MILLION AND $22.0
MILLION
    * VALENS SEMICONDUCTOR LTD - SEES Q4 GROSS MARGIN GUIDANCE
TO
RANGE BETWEEN 61.6% AND 62.7%
    * VALENS SEMICONDUCTOR LTD - Q4 ADJUSTED EBITDA IS NOW
EXPECTED TO
BE IN RANGE OF BREAKEVEN TO PROFIT OF $0.6 MILLION

Source text for Eikon:  ID:nPn346S2ga 
Further company coverage:  VLN.N 

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