Cepton, Inc. (CPTN) Tops Q1 EPS by 2c
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Cepton, Inc. Reports First Quarter 2023 Results
May 9, 2023 4:05 PM EDTSAN JOSE, Calif.--(BUSINESS WIRE)-- Cepton, Inc. (Cepton) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high performance lidar solutions, today announced business updates and financial results for the first quarter ended March 31, 2023.
We started fiscal year 2023 with strong progress on our commercial activities, said Jun Pei, Ceptons Co-Founder and CEO. We are hyper-focused on recent RFQ activity with two top global OEMs. Ceptons recently announced expanded ASIC chipset will further separate us from our peers and drive lidar adoption in consumer vehicles for automotive series production, Dr. Pei added.
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