Cepton (NASDAQ:CPTN) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Cepton beat estimated earnings by 30.0%, reporting an EPS of $-0.07 versus an estimate of $-0.1.
Revenue was down $0 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 10.1% drop in the share price the next day.
Here’s a look at Cepton’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.10 | -0.10 | -0.09 | -0.09 |
| EPS Actual | -0.09 | -0.08 | -0.09 | -0.11 |
| Revenue Estimate | 2.32M | 2.74M | 2.17M | 1.60M |
| Revenue Actual | 1.58M | 1.80M | 2.56M | 1.49M |
To track all earnings releases for Cepton visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
