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home / news releases / lidar quarterly insights q1 2024 summary

CPTN - LIDAR Quarterly Insights Q1 2024 Summary

Cepton Inc.

2024-05-26 20:21:15 ET

Summary

  • Western LiDAR companies face challenges in the consumer auto ADAS sector, with delays and significant cash expenditures.
  • Ouster reports highest revenue and gross profit, leading to cash flow consumption reduction.
  • Ouster and Luminar are ahead in 2024 revenue forecasts, with Ouster tracking a 41% increase over 2023 results.

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For further details see:

LIDAR Quarterly Insights Q1 2024 Summary
Stock Information
Company Name: Cepton Inc.
Stock Symbol: CPTN
Market: NASDAQ
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