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Valens Semiconductor (NYSE:VLN) Posts Quarterly Earnings Results, Meets Expectations

Published by MarketBeat · United States 21 min ago
Image from MarketBeat Media, LLC.
Image from MarketBeat Media, LLC. · MarketBeat

Detailed summary

Valens Semiconductor (NYSE:VLN - Get Free Report) issued its earnings results on Wednesday. The company reported ($0.02) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.02). The business had revenue of $21.91 million for the quarter, compared to analyst estimates of $21.50 million. Valens Semiconductor had a negative net margin of 45.23% and a negative return on equity of 30.58%.

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