Valens Semiconductor .(VLN) - 2022 Q3 - Quarterly Report

Exhibit 99.1 Valens Semiconductor Reports Third Quarter 2022 Results Achieves Record Quarterly Revenues and Strong Gross Margin Increases 2022 Guidance and Reiterates Adjusted EBITDA Breakeven Expected Exiting 2023 HOD HASHARON, ISRAEL, November 9, 2022 – Valens Semiconductor Ltd. (NYSE: VLN), a premier provider of high-speed connectivity solutions for the audio-video and automotive markets, today reported financial results for the third quarter ended September 30, 2022. "For the fourth quarter of 2022, rev ...