VLN Q2 2024 Earnings — Valens Semiconductor Ltd. Revenue & Financial Results | Market Cap Arena

VLNValens Semiconductor Ltd.

$145M

Q2 2024 Earnings

Technology Semiconductors

Income Statement

Revenue

$14M-43.8% YoY

Gross Profit

$8M61.4% margin

Operating Income

-$9M-69.2% margin

Net Income

-$9M-65.2% margin

EPS (Diluted)

$-0.08

QoQ Revenue Growth

+17.6%

Cash Flow

Operating Cash Flow

-$225,000

Free Cash Flow

-$460,000

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$176M

Total Liabilities

$22M

Stockholders' Equity

$154M

Cash & Equivalents

$25M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$14M	$24M	-43.8%
Gross Profit	$8M	$15M	-44.1%
Operating Income	-$9M	-$5M	-81.6%
Net Income	-$9M	-$5M	-93.6%