Cepton reports Q4 adjusted EPS (9c), consensus (10c)

Reports Q4 revenue $1.58M, consensus $2.32M. "We closed out our first year as a public company with notable achievements," said Jun Pei, Cepton’s Co-Founder and CEO. "We are in the final stages of preparation for the start of the production launch of our lidar for OEM customers, we announced our next-generation Vista-X120 Plus lidar to meet future OEM requirements and closed the $100 million investment from Koito. We look forward to capitalizing on our extensive experience in commercializing automotive grade lidar to win additional series production awards this year," Jun Pei added.