Valens Semiconductor .(US:VLN) Prnewswire·2025-11-12 11:30Core Insights - Valens Semiconductor Ltd. reported strong financial results for Q3 2025, achieving revenues of $17.3 million, marking the sixth consecutive quarter of growth [2][3][6] - The company has launched significant products in various sectors, including the first end-to-end camera-to-processor MIPI A-PHY platform and new medical imaging products [3][14] - A new CEO, Yoram Salinger, has been appointed, effective November 13, 2025, to further accelerate growth [3][14] Financial Highlights - Q3 2025 revenues reached $17.3 million, exceeding guidance of $15.1-$15.6 million, compared to $17.1 million in Q2 2025 and $16.0 million in Q3 2024 [5][6] - Gross margin for Q3 2025 was 63.0% (GAAP) and 66.7% (non-GAAP), surpassing the guidance of 58%-60% [5][6] - The company reported a net loss of $(7.3) million for Q3 2025, an improvement from $(10.4) million in Q3 2024 [6][18] Revenue Breakdown - Cross-Industry Business (CIB) revenues accounted for approximately 75% of total revenues at $13.2 million, up from $12.8 million in Q2 2025 and $9.4 million in Q3 2024 [6][18] - Automotive revenues represented about 25% of total revenues at $4.1 million, down from $4.3 million in Q2 2025 and $6.6 million in Q3 2024 [6][18] Cash Position - As of September 30, 2025, cash, cash equivalents, and short-term deposits totaled $93.5 million, with no debt [5][6] - The company allocated $3.6 million for a share repurchase program during Q3 2025 [7] Future Outlook - For Q4 2025, Valens expects revenues between $18.2 million to $18.9 million and a gross margin of 58% to 60% [9] - The full year 2025 revenue guidance is projected to be between $69.4 million to $70.1 million, reflecting a 20% increase compared to 2024 [9]