Valens Semiconductor (VLN) Scheduled to Post Earnings on Wednesday

Valens Semiconductor (NYSE:VLN) is scheduled to post its quarterly earnings results before the market opens on Wednesday, May 8th. Analysts expect Valens Semiconductor to post earnings of ($0.03) per share for the quarter. Valens Semiconductor has set its Q2 2024 guidance at EPS and its Q1 2024 guidance at EPS.Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Valens Semiconductor (NYSE:VLN) last announced its quarterly earnings data on Wednesday, February 28th. The company reported $0.03 earnings per share for the quarter, topping the consensus estimate of ($0.04) by $0.07. The company had revenue of $21.94 million during the quarter, compared to analyst estimates of $21.80 million. Valens Semiconductor had a negative net margin of 23.36% and a negative return on equity of 12.05%. On average, analysts expect Valens Semiconductor to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Valens Semiconductor Price Performance

Shares of VLN stock opened at $2.41 on Monday. The firm has a market cap of $251.03 million, a P/E ratio of -12.68 and a beta of 0.30. Valens Semiconductor has a 1-year low of $1.91 and a 1-year high of $2.78. The firm has a fifty day moving average of $2.29 and a two-hundred day moving average of $2.29.

Valens Semiconductor Company Profile

Valens Semiconductor Ltd. engages in the provision of semiconductor products for the audio-video and automotive industries. The company offers HDBaseT technology, which enables the simultaneous delivery of ultra-high-definition digital video and audio, Ethernet, USB, control signals, and power through a single long-reach cable.