STOCK TITAN

Cepton, Inc. - $CPTN STOCK NEWS

Welcome to our dedicated page for Cepton news (Ticker: $CPTN), a resource for investors and traders seeking the latest updates and insights on Cepton stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Cepton's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Cepton's position in the market.

Rhea-AI Summary

Cepton, Inc. unveils StudioViz™, a proprietary lidar simulation platform aimed at expediting ADAS and AV development, reducing costs, and facilitating R&D initiatives. StudioViz offers functionalities like virtual environment creation, high-fidelity lidar data visualization, placement optimization, sensor fusion assessment, perception solution development, and manufacturing validation. The platform accelerates testing, development, and deployment of Cepton's lidar technology, providing an efficient and cost-effective solution for OEMs and research entities.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.66%
Tags
none
-
Rhea-AI Summary

Cepton, Inc. (Nasdaq: CPTN) will provide a business update and release its financial results for the first quarter of 2024 on May 13, 2024. A conference call and webcast will be held the same day at 2:30 p.m. PT (5:30 p.m. ET).

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.34%
Tags
-
Rhea-AI Summary
Cepton, Inc. (CPTN) announces business updates and financial results for Q4 and full year 2023. They are focusing on commercializing automotive grade lidars, with partnerships and new product launches. Revenue increased by 76% YoY to $13.1 million. However, they reported a net loss of $48.5 million for the full year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
21.94%
Tags
Rhea-AI Summary
Cepton, Inc. (Nasdaq: CPTN) will release its financial results for the fourth quarter and full year 2023 on March 28, 2024, followed by a conference call and webcast. Investors can access the live call and webcast to get updates on Cepton's performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.33%
Tags
-
Rhea-AI Summary
Cepton, Inc. (Nasdaq: CPTN) unveils Ultra, the world’s slimmest adaptive, long-range lidar, featuring MagnoSteer™ technology and proprietary ASIC chipset. Ultra boasts a 300m range, 0.05° resolution, and 12W power consumption, designed for next-gen consumer vehicle ADAS and automated driving capabilities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.01%
Tags
none
-
Rhea-AI Summary
Cepton, Inc. (Nasdaq: CPTN) has received a non-binding indication of interest from Koito Manufacturing Co., Ltd. to acquire 100% of the outstanding shares of the company not already owned by Koito or certain other potential rollover participants. The terms of the potential agreement are contingent on various conditions, and Cepton's Board of Directors will carefully evaluate Koito's indication of interest within the context of the ongoing review of various alternatives. No assurance can be given that a definitive transaction will eventually be consummated.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
14.04%
Tags
none
Rhea-AI Summary
CPTN - Cepton, Inc. Announces Record Shipment Volumes and Financial Results for Q3 2023. Revenue increased by 112% YoY, reaching $3.8 million. The company achieved record shipment volumes for the automotive end market and secured design wins at major airports. Cepton expects full year 2023 revenue to be between $9 million and $11 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.76%
Tags
-
Rhea-AI Summary
Cepton, Inc. announced a partnership with The Indoor Lab to deploy lidar-based AI analytics at Tampa International Airport, aiming to revolutionize airport operations and provide round-the-clock operational analytics and leverage artificial intelligence for managing both indoor and outdoor spaces.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.67%
Tags
none
-
Rhea-AI Summary
Cepton, Inc. to provide business update and release financial results for Q3 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.5%
Tags
Rhea-AI Summary
Cepton, Inc. has announced a 1-for-10 reverse stock split, effective September 21, 2023. The Company's Common Stock will begin trading on a split-adjusted basis on September 22, 2023. The terms of outstanding warrants and equity-based awards were proportionately adjusted. The exercise price for the Company's warrants trading under the symbol 'CPTNW' is now $115.00.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.91%
Tags
none
Cepton, Inc.

Nasdaq:CPTN

CPTN Rankings

CPTN Stock Data

48.24M
4.23M
58.76%
19.31%
0.55%
Electromedical and Electrotherapeutic Apparatus Manufacturing
Manufacturing
Link
United States of America
SAN JOSE