Cepton Inc. CPTN Archives - Page 2 of 14

ThursdayOct 19, 2023 12:47 pm

QualityStocksNewsBreaks — Cepton Inc. (NASDAQ: CPTN) Schedules Q3 Earnings Release, Conference Call Date

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, is planning to release its third-quarter 2023 financial results on Nov. 9, 2023; the report will be released following market close. Cepton has also scheduled a conference call and webcast for that same day; the call will begin 5:30 p.m. ET. During the call, management will discuss the quarter earnings report as well as provide a business update. The call can be accessed by dialing 1-877-300-8521 (toll free) or 1-412-317-6026 for international callers. According to the announcement, a replay of the conference call will be available approximately three…

FridaySep 22, 2023 11:05 am

QualityStocksNewsBreaks — Cepton Inc. (NASDAQ: CPTN) CCO Talks Industrializing Lidar with Automotive Programs, Company’s Reverse Stock Split Takes Effect

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, is in the spotlight. Cepton’s new chief commercial officer Mitch Hourtienne was a guest during a recent Proactive Investors interview. During the interview, Hourtienne, who has been serving as Cepton senior vice president, and Proactive Investors host Steve Darling discussed his 20-year-plus journey to Cepton as well as his new responsibilities. Hourtienne has worked at several companies, including Sensata, Freescale Semiconductor, Infineon Technologies and Siemens VDO Automotive. Hourtienne explained that at Cepton, he has been involved in securing the company's flagship ADAS lidar series production contract with General…

TuesdaySep 19, 2023 10:28 am

QualityStocksNewsBreaks — Cepton Inc. (NASDAQ: CPTN) Board Approves 1-for-10 Reverse Stock Split, Names Chief Commercial Officer

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, announced a 1-for-10 reverse stock split of its common stock; the move was approved by Cepton’s board of directors. According to the announcement, the split will be effective on Sept. 21, 2023, at 5 p.m. ET, with the common stock beginning to trade on a split-adjusted basis on Sept. 22, 2023, when the NASDAQ exchange opens. The announcement noted that stockholders approved the proposal to authorize the board to affect a reverse split at a ratio ranging from 1-for-5 to 1-for-20 during a Sept. 7 special meeting. The…

FridaySep 01, 2023 10:48 am

QualityStocksNewsBreaks — Cepton Inc. (NASDAQ: CPTN) CEO Explains Lidar, Eye Safety During Proactive Investors Interview

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, is in the spotlight. Cepton CEO and cofounder Dr. Jun Pei was a guest during a recent Proactive Investors interview. During the interview, Pei and Proactive Investors host Steve Darling discussed the importance of lidar technology and eye safety. Pei specifically talked about lidar impact on human eyes and eye safety, explaining Cepton’s commitment to safety and its approach to ensuring safety standards are met. He noted regulations require that any devices placed on vehicles adhere to eye safety standards and also explained that many people have misconceptions…

ThursdayAug 31, 2023 12:23 pm

QualityStocksNewsBreaks – Cepton Inc. (NASDAQ: CPTN) Announces Participation for Upcoming Investor Conferences

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, today announced its participation in investor conferences taking place in September 2023. The company’s Chief Financial Officer Hull Xu and Senior VP of Business Development Mitch Hourtienne will present at 8:35 a.m. Pacific Time on Sept. 13 at the RBC Global Industrials Conference in Las Vegas, Nevada. In addition, Xu and Cepton’s Chief Executive Officer Dr. Jun Pei will present at the Northland Capital Markets Institutional Investor Conference taking place virtually on Sept. 19, 2023. Cepton management will be available for one-on-one or group investor meetings at…

WednesdayAug 23, 2023 10:38 am

QualityStocksNewsBreaks – Cepton Inc. (NASDAQ: CPTN) CFO Featured in Proactive Interview

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, was featured in a recent interview with Proactive Investors that covers the company’s second-quarter performance and milestone achievement in setting a new record for shipments of its LiDAR technology, demonstrating its robust momentum in automotive and smart infrastructure sectors. Cepton CFO Hull Xu joined Steve Darling from Proactive to discuss the notable achievement of Cepton, pointing out that the company is poised for a substantial increase in shipment volume in each successive quarter throughout the remainder of the year. He also shared details on Cepton’s active fulfillment…

ThursdayAug 17, 2023 3:47 pm

QualityStocksNewsBreaks — Cepton Inc. (NASDAQ: CPTN) VP of Product Talks Record LiDAR Shipments, Q2 Earnings During Proactive Investors Interview

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, along with its Q2 performance and strategic developments are in the spotlight during a recent Proactive Investors interview. During the interview with Proactive’s Steve Darling, Cepton vice president of product Brunno Moretti provided an overview of the company’s second-quarter performance as well as key operational highlights. Moretti noted that Cepton has achieved a new company record for shipments of LiDAR technology across the automotive and smart infrastructure markets, which indicated the company's upward momentum; Moretti also explained that the company is projecting a significant increase in shipment volume…

TuesdayAug 08, 2023 9:30 am

QualityStocksNewsBreaks — Cepton Inc. (NASDAQ: CPTN) Releases Q2 2023 Financial Report, Corporate Update

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, has released its financial and corporate report for the second quarter, the period ended June 30, 2023. Financial highlights of the report include a 9% increase in total revenue with revenue coming in at $2.8 million; gross margins of 16%, a company record; and product revenue reaching $2.8 million, a 92% increase. Second quarter 2023 GAAP net loss was $14.2 million, with non-GAAP net loss reaching $11.8 million and adjusted EBITDA totaling $(12.6) million. Business highlights for the quarter included record shipments of lidar units in both the…

FridayAug 04, 2023 10:23 am

QualityStocksNewsBreaks — Cepton Inc. (NASDAQ: CPTN), LiDAR Tech Focus of Recent Proactive Video Discussing Security Concerns

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, is spotlighted in a recent video release from Proactive. The interview features Brunno Moretti, Cepton’s VP of product. During the interview with Proactive’s Stephen Gunnion, Moretti discusses the implications of potential action against Chinese LiDAR companies by Washington, specifically focusing on two main concerns: national security and cybersecurity. Moretti explained that LiDAR technology is essential for creating high-definition maps around vehicles, but when parts are produced by state-backed entities from nonallied countries, there are data security risks. He also noted the importance of a level playing field in…

ThursdayJul 27, 2023 2:03 pm

QualityStocksNewsBreaks – Cepton Inc. (NASDAQ: CPTN) Taking Holistic Approach to Reducing Accident Risk with Lidar Technology

Cepton (NASDAQ: CPTN), a lidar innovator, advances high-performance lidar technology currently being applied by leading global companies and governments to vehicles, smart infrastructure and more. “CPTN is dedicated to reducing accident risk through a holistic approach that integrates lidar into traffic systems, intersections, and ADAS-powered vehicles to improve safety for passengers and pedestrians. Through engagements with the world’s leading OEMs, CPTN is taking lidar mainstream by commercializing high-performance, ultra-compact lidar solutions for ADAS that seamlessly integrate into modern vehicle designs. The company is also advancing its Helius(R) Smart Lidar System, which combines its MMT(R) lidar technology with edge computing and…

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