Cepton

Cepton, Inc. engages in the development and commercialization of lidar and imaging technologies. It develops and produces lidar sensors for automotive and smart infrastructure industries. The company was founded by Mark McCord and Jun Pei in April 2016 and is headquartered in San Jose, CA.

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

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Earnings data Q3 2023

Earnings data Q4 2023

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Earnings data Q3 2024

Earnings data Q4 2024

Cepton reports Q1 2024 earnings, showcases tech advancements and partnerships

Cepton's Q1 2024 earnings call highlighted financial results, successful project developments, and technological advancements. While facing questions on financial details, the company's strong partnerships and innovative products signal growth potential and market competitiveness.

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Cepton, Inc. engages in the development and commercialization of light detection and ranging (lidar) and imaging technologies. It produces lidar sensors for automotive and smart infrastructure industries. The company was founded by Mark McCord and Jun Pei in April 2016 and is headquartered in San Jose, CA.

NEW YORK , Oct. 1, 2024 /PRNewswire/ -- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who own  Cepton, Inc ("CPTN" or the "Company") (NASDAQ: CPTN) stock purchased on or before July 29, 2024 . Levi & Korsinsky, LLP has commenced an investigation into potential breaches of fiduciary duty by the CPTN board of directors.

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation into Cepton, Inc. ("CPTN")

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Cepton, Inc. (NASDAQ: CPTN) to KOITO MANUFACTURING CO., LTD. for $3.17 per share in cash is fair to Cepton shareholders. Halper Sadeh encourages Cepton shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether Cepton and.

CPTN Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Cepton, Inc. Is Fair to Shareholders

Near-range lidar is becoming a critical sensor technology for autonomous vehicles, offering superior precision, 3D perception, and performance in a wide range of environmental conditions. The technology enhances safety and efficiency by detecting obstacles more accurately than cameras and radar, making it an essential component for the future of autonomous driving.

Near-range lidar paves the way for next-gen autonomous vehicles

Cepton, Inc. (NASDAQ:CPTN), the high-performance lidar solutions provider, released its second quarter financial results showing a big jump in revenue. The Silicon Valley-based firm reported total revenue of $10.4 million during 2Q, a significant increase compared to $2.8 million in the same quarter last year and $1.9 million in the previous sequential quarter.

Cepton sees major revenue boost in Q2, prepares for Koito takeover

Cepton, Inc. (CPTN) came out with quarterly earnings of $0.03 per share, missing the Zacks Consensus Estimate of $0.08 per share. This compares to loss of $0.80 per share a year ago.

Cepton, Inc. (CPTN) Lags Q2 Earnings and Revenue Estimates

SAN JOSE, Calif.--(BUSINESS WIRE)--Cepton, Inc. Reports Second Quarter 2024 Results.

Cepton, Inc. Reports Second Quarter 2024 Results

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Cepton, Inc. (NasdaqCM: CPTN) to Koito Manufacturing Co., Ltd. (OTC: KOTMF). Under the terms of the proposed transaction, shareholders of Cepton will receive $3.17 in cash for each share of Cepton that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate,.

CEPTON INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Cepton, Inc. - CPTN

NEW YORK , July 30, 2024 /PRNewswire/ --  Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Cepton, Inc. (Nasdaq: CPTN ), relating to its proposed merger with Koito Manufacturing Co., Ltd.

STOCKHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Cepton, Inc. - CPTN

NEW YORK, July 29, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Cepton , Inc . ( Nasdaq : CPTN ) , relating to its proposed merger Koito Manufacturing Co., Ltd. Under the terms of the agreement, Cepton shareholders will receive $3.17 in cash per share of common stock they own.

STOCKHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Cepton, Inc. – CPTN

MILWAUKEE , July 29, 2024 /PRNewswire/ -- Ademi LLP is investigating Cepton (Nasdaq: CPTN) for possible breaches of fiduciary duty and other violations of law in its transaction with Koito. Click here to learn how to join our investigation https://www.ademilaw.com/case/cepton-inc or call Guri Ademi toll-free at 866-264-3995.

Shareholder Alert: Ademi LLP investigates whether Cepton, Inc. has obtained a Fair Price for its Public Shareholders

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LOS ANGELES--(BUSINESS WIRE)--Music Votes Coalition Announces First Wave of Partners including AEG Presents.

Music Votes Coalition Announces First Wave of Partners

American Water Works

ATLANTA--(BUSINESS WIRE)--Mercedes-Benz USA (MBUSA) announced the appointment of Marcus (Bart) Herring as Vice President of Sales and Product, succeeding Senol Bayrak, effective August 1. Currently serving as the Vice President of Sales and Product for Mercedes-Benz Canada, Bart Herring will return to the United States to join the MBUSA executive leadership team. “Bart is a proven leader with an exceptional track record, and we look forward to welcoming him back to MBUSA and to the Executive Ma.

Mercedes-Benz USA Appoints Marcus (Bart) Herring as Vice President of Sales and Product and Michael Minielly as Director of Communications and Experience

MONSEY, N.Y. , July 29, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed sale of Cepton, Inc. (Nasdaq: CPTN) (“Cepton”) to Koito Manufacturing (“Koito”) for $3.17 per share in cash.

CPTN Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Sale of Cepton to Koito Manufacturing

NEW YORK--(BUSINESS WIRE)--UBS Private Wealth Management today announced that Dan Chorney has joined the firm as a Managing Director and Financial Advisor in Manhattan. He will be based in the firm's 1285 Avenue of the Americas office reporting to Market Director Kellie Brady. Dan brings more than two decades of experience advising successful individuals and families on their wealth management needs. “On behalf of UBS, I'm excited to welcome Dan to the firm,” said Kellie Brady, Market Director.

Financial Advisor Dan Chorney joins UBS in New York City

Cepton, Inc. (NASDAQ:CPTN), a lidar solutions innovator, announced that it will be acquired by automotive supplier Koito Manufacturing. The company said it had signed a definitive agreement for all of its outstanding capital stock not owned by Koito to be acquired for $3.17 per share in an all-cash transaction, representing a premium of about 25% from its closing price on Friday, July 26.

Cepton to be acquired by Koito Manufacturing

Enstar Group

DALLAS--(BUSINESS WIRE)--Flaunt has launched the first-ever service-as-software loyalty offering for Shopify merchants, making the formal announcement over the weekend at Revision Skincare's annual Elite Retreat event in Dallas. With the launch, Flaunt introduces a truly unique solution to help Shopify merchants combat rising customer acquisition costs with creative retention strategies and profitably-designed loyalty programs. Already serving brands like Revision Skincare, PepsiCo, and Barefac.

Flaunt Launches First AI-Enabled, Service-as-Software Loyalty Offering for Shopify Merchants at Revision Skincare's Annual Event

SAN JOSE, Calif.--(BUSINESS WIRE)---- $CPTN #automotive--Cepton signs a definitive agreement with Koito to be acquired.

Cepton Signs Definitive Agreement to be Acquired by Koito

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LIDAR Quarterly Insights Q1 2024 Summary

Cepton, Inc. (NASDAQ:CPTN ) Q1 2024 Earnings Conference Call May 13, 2024 5:30 PM ET Company Participants Dennis Chang - Interim CFO Jun Pei - Co-Founder and CEO Mitch Hourtienne - Chief Commercial Officer Conference Call Participants Matthew Galinko - Maxim Group Shadi Mitwalli - Craig-Hallum Kevin Garrigan - WestPark Capital Gus Richard - Northland Capital Operator Good day, and welcome to the Cepton, Inc. First Quarter 2024 Business Update and Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded.

Cepton, Inc. (CPTN) Q1 2024 Earnings Call Transcript

Cepton, Inc. (NASDAQ:CPTN) is advancing its light detection and ranging (lidar) technology through a newly signed engineering contract with Koito Manufacturing, its Tier 1 automotive partner and shareholder. Under the agreement, Koito will provide $10 million in engineering services to Cepton in support of a major global OEM program.

Cepton accelerates lidar development with $10M engineering contract

Cepton, Inc. (NASDAQ:CPTN) CEO Jun Pei told shareholders that the company is starting fiscal 2024 on strong footing to position itself as a leader in the automotive lidar market. The technology company reported first-quarter 2024 total revenue of $1.9 million, reflecting a 31% increase compared to the prior year's corresponding period.

Cepton reports revenue jump in Q1

SAN JOSE, Calif.--(BUSINESS WIRE)---- $CPTN #automotive--Cepton reports first quarter 2024 results.

Cepton, Inc. Reports First Quarter 2024 Results

Cepton, Inc. (NASDAQ:CPTN) announced it has signed a significant Engineering Services Agreement with its Tier 1 automotive partner and shareholder Koito Manufacturing. The company said that under the terms of the agreement, Koito will provide it will $10 million in engineering services fees for the quarter ended June 30, 2024, in support of a major global OEM program secured by the two companies.

Cepton secures engineering contract to develop near-range lidar technology

SAN JOSE, Calif.--(BUSINESS WIRE)---- $CPTN #automotive--Cepton has signed a significant Engineering Services Agreement with its long-term automotive Tier 1 partner, Koito Manufacturing.

Cepton Announces Significant Engineering Contract with Koito

Cepton, Inc. (NASDAQ:CPTN) has unveiled its proprietary lidar simulation platform StudioViz. The company said that StudioViz aims to streamline lidar adoption processes from productization to deployment, allowing OEMs to fast-track the implementation of lidar-based advanced driver assistance systems (ADAS) and autonomous vehicle (AV) technology at a minimized cost.

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