Valens Semiconductor Reports Fourth Quarter and Full Year 2023 Results
Valens Semiconductor Ltd. (VLN)
Company Research
Source: PR Newswire
Fourth quarter revenues reached $21.9 million, and net income was $2.8 million; Full year 2023 revenues reached $84.2 million with automotive revenues reaching an annual record highHOD HASHARON, Israel, Feb. 28, 2024 /PRNewswire/ -- Valens Semiconductor Ltd. (NYSE: VLN), a leader in high-performance connectivity, today reported financial results for the fourth quarter and full year ended December 31, 2023. "Valens Semiconductor demonstrated both its resilience and innovation in 2023. Against a backdrop of increasing headwinds in the global semiconductor industry, we continued to expand our engagements and partnerships and to enhance our lineup of high-performance connectivity solutions with a focus on addressing unmet needs and emerging trends," said Gideon Ben-Zvi, CEO of Valens Semiconductor. "Revenues were at the top end of our guidance for both the fourth quarter and the full year, reaching $21.9 million and $84.2 million, respectively. Notably, automotive revenues delivered a re
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News
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- Valens Semiconductor to Announce First Quarter 2024 Financial Results on May 8, 2024PR Newswire
VLN
Earnings
- 2/28/24 - Beat
VLN
Sec Filings
- 4/29/24 - Form 6-K
- 4/10/24 - Form 6-K
- 2/28/24 - Form 6-K
- VLN's page on the SEC website