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Stock impact report

Valens Semiconductor to Host Investor Day on November 12, 2024

Valens Semiconductor Ltd. (VLN) 
Company Research Source: PR Newswire
Provides 2025 revenue guidance and long-term financial goalsHOD HASHARON, Israel, Nov. 12, 2024 /PRNewswire/ -- Valens Semiconductor (NYSE: VLN), a leader in high-performance connectivity, today will host its 2024 Investor Day in New York City where management will provide an overview of the Company's go-forward strategy, growth drivers, product innovation and long-term financial goals.The event will be led by Gideon Ben-Zvi, Chief Executive Officer, and will also feature presentations from Guy Nathanzon, Chief Financial Officer, and Dana Zelitzki, Senior Vice President of Marketing.The Company will share its strategy and growth drivers in the Professional Audio-Video, Video Conferencing, Industrial Machine Vision, Automotive, Medical markets, and through potential synergetic acquisitions.Driven by these strategic initiatives, Valens Semiconductor's financial goals by the end of 2029 are as follows:Total revenue is expected to be between $220 - $300 million, gross margin of between 50 Show less Read more
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