Cepton, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 1.14 million compared to USD 1.24 million a year ago. Revenue was USD 1.95 million compared to USD 1.49 million a year ago.

Net loss was USD 6.83 million compared to USD 14.74 million a year ago. Basic loss per share from continuing operations was USD 0.43 compared to USD 0.94 a year ago. Diluted loss per share from continuing operations was USD 0.43 compared to USD 0.94 a year ago.