Cepton, Inc. Reports Third Quarter 2023 Results

SAN JOSE, CA–(BUSINESS WIRE)– “For the second consecutive quarter, we set new company records for shipment volumes for the automotive end market,” said Jun Pei, Cepton’s Co-Founder and CEO. “Our continued dedication to executing our milestones and increasing adoption in targeted smart application markets demonstrates our technology leadership in lidar.” Business Highlights Series Production Execution […]

Transphorm Announces Fiscal 2024 Second Quarter Results and Provides Business Update

– Reports Second Quarter Year-Over-Year Revenue Grew 37% to $5.0 Million as Gross Margin Increased by 11.5% to 23% – Product Revenue Increased to $3.55 Million, Up 18% Over the Prior Quarter – Recently Engaged BofA Securities, Inc. to Act as Financial Advisor in Company’s Strategic Review to Enhance Stockholder Value – Company to Host […]

AEye Reports Third Quarter 2023 Results

Provides Update on Automotive-First Strategy Significant Reduction in Burn Rate Extending Cash Runway out to 2025 DUBLIN, Calif.–(BUSINESS WIRE)–AEye, Inc. (Nasdaq: LIDR), a global leader in adaptive, high performance lidar solutions, today announced its results for the third quarter ended September 30, 2023. Management Commentary “Market conditions are evolving, and we believe the lidar market […]

Microvast Reports Third Quarter 2023 Financial Results

Revenue increased 107.5% year over year to $80.1 million Achieved record backlog of $678.7 million, up 382.7% year over year Gross margin increased from 5.2% to 22.3%, a 17.1 percentage point improvement year over year STAFFORD, Texas–(BUSINESS WIRE)–Microvast Holdings, Inc. (NASDAQ: MVST) (“Microvast” or the “Company”), a technology innovator that designs, develops and manufactures lithium-ion […]