Valens Semiconductor .(US:VLN) Prnewswireยท2025-08-06 10:30Core Insights - Valens Semiconductor Ltd. reported financial results for Q2 2025, achieving revenues of $17.1 million, marking the fifth consecutive quarter of growth [2][3] - The company updated its full-year 2025 revenue guidance to a range of $66 million to $71 million, reflecting a 14% to 23% increase compared to 2024, primarily due to the impact of tariffs [3][4] Financial Performance - Q2 2025 revenues reached $17.1 million, exceeding guidance of $16.5-$16.8 million, compared to $16.8 million in Q1 2025 and $13.6 million in Q2 2024 [4][17] - Q2 gross margin was 63.5% GAAP and 67.2% non-GAAP, compared to 62.9% GAAP in Q1 2025 and 61.4% GAAP in Q2 2024 [8][17] - Q2 net loss was $(7.2) million, an improvement from $(8.3) million in Q1 2025 and $(8.9) million in Q2 2024 [8][17] Segment Performance - Cross-Industry Business (CIB) revenues accounted for approximately 75% of total revenues at $12.8 million, up from $11.7 million in Q1 2025 and $8.1 million in Q2 2024 [4][5] - Automotive revenues represented about 25% of total revenues at $4.3 million, down from $5.1 million in Q1 2025 and $5.5 million in Q2 2024 [5] Business Highlights - Strong demand was noted in the ProAV market, with positive momentum in industrial machine vision [3] - The MIPI A-PHY standard continued to gain traction in the automotive sector, enhancing long-term market potential [3] - The company launched the first MIPI A-PHY standard platform in the industrial machine vision market [8] Cash Position - As of June 30, 2025, cash, cash equivalents, and short-term deposits totaled $102.7 million, down from $112.5 million as of March 31, 2025 [8][17] - The company utilized $10.2 million for a share repurchase program during Q2 2025 [8] Future Outlook - For Q3 2025, Valens Semiconductor expects revenues between $15.1 million and $15.6 million, with a gross margin range of 58.0% to 60.0% [9]