Recap: Cepton Q4 Earnings

Cepton, Inc. - Common Stock +4.98%

Cepton, Inc. - Common Stock

CPTN

2.53

+4.98%

Cepton (NASDAQ:CPTN) reported its Q4 earnings results on Thursday, March 28, 2024 at 04:10 PM.

Here's what investors need to know about the announcement.

Earnings

Cepton beat estimated earnings by 45.0%, reporting an EPS of $-0.41 versus an estimate of $-0.74.

Revenue was up $3.38 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.34 which was followed by a 5.0% drop in the share price the next day.

Here's a look at Cepton's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -0.92 -0.7 -1 -1
EPS Actual -0.58 -0.8 -0.7 -0.9
Revenue Estimate 5.12M 3.30M 2.06M 2.32M
Revenue Actual 3.83M 2.79M 1.49M 1.58M

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.

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