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0.00158982511923699 0.00158982511923699 0.00158982511923699 -0.0111287758346581 -0.0111287758346581 -0.0111287758346581 -0.0111287758346581 -0.0111287758346581
Stock impact report

Cepton, Inc. Reports Third Quarter 2024 Results

Cepton, Inc. (CPTN) 
Company Research Source: Business Wire
SAN JOSE, Calif.--(BUSINESS WIRE)--Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high performance lidar solutions, today announced its business updates and financial results for the third quarter ended September 30, 2024.“As we enter the fourth and final quarter of 2024, we are making significant strides in the commercialization of our lidar technology,” said Jun Pei, Cepton’s Co-Founder and CEO. “With an RFQ with a Top 10 global automotive OEM for our long-range lidar in its final stages and a growing pipeline of opportunities, we are well-positioned to further strengthen our leadership in the automotive lidar market. Additionally, the recently announced acquisition by Koito underscores our shared vision for long-term growth and innovation. As we work toward completing this transaction, our focus remains on executing our strategy, deepening OEM partnerships, and driving the adoption of our advanced lidar solutions across key industries.”Business Show less Read more
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