Valens Semiconductor, Ltd. (VLN) Reports Q2 Loss, Tops Revenue Estimates

Valens Semiconductor, Ltd. (VLN) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of$0.07. This compares to break-even earnings per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 42.86%. A quarter ago, it was expected that this company would post a loss of $0.03 per share when it actually produced a loss of$0.06, delivering a surprise of -100%. Over the last four quarters, the com ...