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Valens Semiconductor sees Q3 revenue $14.7M-$15.4M, consensus $14.28M

Valens Semiconductor sees Q3 revenue $14.7M-$15.4M, consensus $14.28M

“Our third quarter revenues are expected to range between $14.7 million to $15.4 million, of which $1.2 million to $1.4 million is expected to be attributed to Acroname. Gross margin is expected to range between 52.0% and 53.0%, and adjusted EBITDA loss is expected to range between $(6.8) million and $(6.3) million. We have a strong cash position, and in the future, we expect additional, highly selective synergistic M&A deals that align with our long-term growth strategy,” concluded Nathanzon.

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