VLN Q1 2024 Earnings — Valens Semiconductor Ltd. Revenue & Financial Results | Market Cap Arena

VLNValens Semiconductor Ltd.

$145M

Q1 2024 Earnings

Technology Semiconductors

Income Statement

Revenue

$12M-51.6% YoY

Gross Profit

$7M59.0% margin

Operating Income

-$11M-97.7% margin

Net Income

-$10M-86.9% margin

EPS (Diluted)

$-0.10

QoQ Revenue Growth

-47.3%

Cash Flow

Operating Cash Flow

-$1M

Free Cash Flow

-$1M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$171M

Total Liabilities

$13M

Stockholders' Equity

$158M

Cash & Equivalents

$35M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$12M	$24M	-51.6%
Gross Profit	$7M	$16M	-56.8%
Operating Income	-$11M	-$7M	-59.9%
Net Income	-$10M	-$5M	-86.8%