Valens Semiconductor Ltd. Provides Revenue Guidance for the Fourth Quarter and Full Year of 2021
November 11, 2021 at 04:30 pm IST
Valens Semiconductor Ltd. provided revenue guidance for the fourth quarter and full year of 2021. The company is introducing fourth quarter 2021 revenue guidance of an expected $19.4 million to $20.6 million with expected gross margins of approximately 70%-72%.
This guidance reflects an increase of previous full year 2021 revenue guidance from $69 million to an expected range of $69.4 million to $70.6 million.