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. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -62.50%. A quarter ago, it was expected that this company would post a loss of $0.42 per share when it actually produced a loss of $0.52, delivering a surprise of -23.81%. Over the last four quarters, the company has sur ...

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. Under the terms of the agreement, Cepton shareholders will receive $3.17 in cash per share of c ...

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 co ...

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. There is no cost or obligation to you. If you own Cepton common stock and wish to obtain additional information, please contact Guri Ademi either at [email protected] or toll-free: 866-264-3995, or https://www.ademilaw.com/case/cepton-inc. Contacts MILWAUKEE, July 29, 2024 /PRNewswire/ -- Ademi LLP is investigating Cepton (Nasdaq: CPTN) for possible breaches of fiduciary d ...

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. The sales price is below the price targets of $14.00 per share of Tom Narayan of RBC Capital, and $10.00 per share of Gus Richard of Northland Securities. It is also below Cepton's 52-week high of $8.90 per share. If you remain a Cepton shareholder and question the fairne ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...

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 con ...

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. The program is focused on developing Cepton's near-range lidar, which is required for Level 4 autonomous driving capabilities, for the OEM. Cepton's chief commercial officer Mi ...

(b) If the closing price of the Company's common stock equals or exceeds $175.00 per share for any 20 trading days within any consecutive 30-trading day period that occurs after February 10, 2022 and on or prior to February 10, 2025, the Company will issue to each holder of common stock that is entitled to Earnout Shares a number of shares of common stock equal to such holder's pro rata portion of 600,000 shares. Stock price: the stock price was based on the closing price as of the valuation date. Expected ...

About this content The team delivers news and unique insights across the market including but not confined to: biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto and emerging digital and EV technologies. Use of technology Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada ...