Valens Semiconductor (VLN) Projected to Post Quarterly Earnings on Wednesday

Valens Semiconductor (NYSE:VLN) is expected to be issuing its quarterly earnings data before the market opens on Wednesday, February 26th. Analysts expect the company to announce earnings of ($0.03) per share and revenue of $16.20 million for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Valens Semiconductor Stock Performance

Shares of VLN opened at $2.33 on Tuesday. Valens Semiconductor has a fifty-two week low of $1.67 and a fifty-two week high of $3.50. The stock has a fifty day moving average of $2.63 and a two-hundred day moving average of $2.25. The company has a market capitalization of $247.33 million, a PE ratio of -9.30 and a beta of 0.32.

Wall Street Analysts Forecast Growth

Separately, ThinkEquity raised shares of Valens Semiconductor to a “strong-buy” rating in a research report on Monday, December 2nd.

Valens Semiconductor Company Profile

Valens Semiconductor Ltd. engages in the provision of semiconductor products for the audio-video and automotive industries. The company offers HDBaseT technology, which enables the simultaneous delivery of ultra-high-definition digital video and audio, Ethernet, USB, control signals, and power through a single long-reach cable.