Profile
Sector:
TechnologyIndustry:
Scientific & Technical InstrumentsCountry:
United StatesIPO:
25 March 2021Website:
http://www.cepton.comNext earnings report:
07 August 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Tue, 02 Jul 2024 20:16:50 GMTDividend
Analysts recommendations
Institutional Ownership
CPTN Latest News
Cepton, Inc. (NASDAQ:CPTN) will be hosting its Q1 2024 Earnings Conference Call on May 13, 2024 at 5:30 PM ET. Company representatives present will include Dennis Chang, Jun Pei, and Mitch Hourtienne. Conference call participants include Matthew Galinko, Shadi Mitwalli, Kevin Garrigan, and Gus Richard. The operator will begin the call shortly. Thank you for joining us for the Cepton, Inc. First Quarter 2024 Business Update and Earnings Call.
Cepton, Inc. (NASDAQ:CPTN) is enhancing its lidar technology with the help of an engineering contract signed with Koito Manufacturing, its Tier 1 automotive partner and shareholder. Koito will be providing $10 million in engineering services to support a significant global OEM program for Cepton.
Jun Pei, CEO of Cepton, Inc. (NASDAQ:CPTN), informed shareholders that the company is beginning fiscal year 2024 in a strong position to establish itself as a top player in the automotive lidar market. The tech company reported first-quarter 2024 total revenue of $1.9 million, marking a 31% growth compared to the same period last year.
Cepton, Inc. (NASDAQ:CPTN) has revealed that it entered into a substantial Engineering Services Agreement with Koito Manufacturing, its Tier 1 automotive partner and shareholder. As per the agreement, Koito will offer $10 million in engineering services fees for the quarter ended June 30, 2024, to assist with a significant global OEM program that the two companies have secured.
Cepton, Inc. (NASDAQ:CPTN) has introduced its exclusive lidar simulation platform StudioViz. The company stated that StudioViz is designed to simplify the process of integrating lidar technology, enabling OEMs to quickly implement advanced driver assistance systems (ADAS) and autonomous vehicle (AV) technology while minimizing costs.
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Cepton, Inc. (NASDAQ:CPTN) reported an impressive 76% year-over-year increase in revenue for 2023, above the guidance provided when it released its third quarter earnings. The provider of high-performance lidar solutions reported full-year revenue of $13.1 million.
Cepton, Inc. (CPTN) Q4 2023 Earnings Call Transcript
Cepton, Inc. (CPTN) came out with a quarterly loss of $0.41 per share versus the Zacks Consensus Estimate of a loss of $0.39. This compares to loss of $0.90 per share a year ago.
- 1(current)
What type of business is Cepton?
Cepton, Inc. provides lidar-based solutions for automotive, smart cities, smart spaces, and smart industrial applications in the United States, Japan, and internationally. The company offers auto grade lidar sensors, including Vista-X, a compact lidar solution with a range of up to 200m for long-range applications in ADAS L2+/L3, AV L4/L5, and suitable for smart infrastructure applications; Vista-T, a lidar solution with a range of up to 300m for ultra-long-range applications in ADAS L2+/L3 and AV L4/L5; and Nova, an ultra-small form factor lidar solution with a range of up to 30m for near-range applications in ADAS L2+/L3, AV L4/L5, and suitable for smart infrastructure applications. It also provides industrial grade lidar sensors, such as Vista-P, a compact lidar solution with a range of up to 200m for long-range applications in ADAS L2+/L3, AV L4/L5, and smart infrastructure applications; and Sora-P, an ultra-high scan rate, compact, and quasi line-scanning lidar solution that delivers high-fidelity profiling of objects moving at high speeds for free flow tolling and other industrial applications. The company was founded in 2016 and is headquartered in San Jose, California.
What sector is Cepton in?
Cepton is in the Technology sector
What industry is Cepton in?
Cepton is in the Scientific & Technical Instruments industry
What country is Cepton from?
Cepton is headquartered in United States
When did Cepton go public?
Cepton initial public offering (IPO) was on 25 March 2021
What is Cepton website?
https://www.cepton.com
Is Cepton in the S&P 500?
No, Cepton is not included in the S&P 500 index
Is Cepton in the NASDAQ 100?
No, Cepton is not included in the NASDAQ 100 index
Is Cepton in the Dow Jones?
No, Cepton is not included in the Dow Jones index
When does Cepton report earnings?
The next expected earnings date for Cepton is 07 August 2024