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0 -0.0368421052631579 -0.0368421052631579 -0.0315789473684211 0.0105263157894736 -0.00526315789473685 -0.0210526315789474 -0.0210526315789474
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Valens Semiconductor Reports Third Quarter 2024 Results

Valens Semiconductor Ltd. (VLN) 
Company Research Source: PR Newswire
Reports beats on all guidance metricsAwarded three automotive design wins from leading European OEMs for VA7000 MIPI A-PHY chipsetsAnnounces organizational changes and leadership transitions Will host Investor Day on November 12, 2024HOD HASHARON, Israel, Nov. 6, 2024 /PRNewswire/ -- Valens Semiconductor Ltd. (NYSE: VLN), a leader in high-performance connectivity, today reported financial results for the third quarter ended September 30, 2024.   "We delivered solid third quarter results, reflecting the growth in the demand for our high-performance connectivity solutions," said Gideon Ben-Zvi, CEO of Valens Semiconductor. "We surpassed the top end of our guidance on all metrics this quarter, driven by the growing demand for our technology from customers adopting our chipsets to create cutting-edge products.  "We are especially excited about our three new automotive design wins from leading European OEMs this quarter. We expect our VA7000 chipsets to be integrated into certain vehicle m Show less Read more
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