Full Transcript: Valens Semiconductor Q1 2026 Earnings Call
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Valens Semiconductor (NYSE:VLN) reported Q1 2026 revenues of $16.9 million, exceeding guidance. GAAP gross margin was 62.2%, while adjusted EBITDA showed a loss of $5.5 million, smaller than expected. The company noted strong adoption of its VS3000 and VS6320 chips, with strategic partnerships enhancing market position. Guidance for Q2 2026 projects revenues between $17.2 million and $17.6 million, maintaining a full-year outlook of $75-77 million. CFO Guy Nathanson announced his departure, with a search for a replacement underway.
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