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Valens Semiconductor to Host Investor Day on November 12, 2024

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Valens Semiconductor (NYSE: VLN) is hosting its 2024 Investor Day in New York City, where management will present the company's strategy and financial goals. The company projects 2025 revenue between $71-76 million, representing 25-33% YoY growth. By 2029, Valens aims to achieve total revenue of $220-300 million with gross margins of 50-60%, broken down across Professional Audio-Video ($90-100M), Industrial Machine Vision ($35-50M), and Automotive ($65-110M) segments. For 2024, the company updated its revenue guidance to $57.2-57.5 million, including Audio-video ($32.8-33.0M), Automotive ($21.4-21.5M), and Acroname ($3M) revenues.

Valens Semiconductor (NYSE: VLN) sta organizzando il suo Investor Day 2024 a New York City, dove la direzione presenterà la strategia e gli obiettivi finanziari dell'azienda. L'azienda prevede un fatturato nel 2025 compreso tra 71 e 76 milioni di dollari, che rappresenta una crescita del 25-33% rispetto all'anno precedente. Entro il 2029, Valens punta a raggiungere un fatturato totale di 220-300 milioni di dollari, con margini lordi del 50-60%, suddivisi nei segmenti Audio-Video Professionale (90-100M), Visione Macchinari Industriali (35-50M) e Automotive (65-110M). Per il 2024, l'azienda ha aggiornato le previsioni di fatturato a 57,2-57,5 milioni di dollari, inclusi i ricavi da Audio-Video (32,8-33,0M), Automotive (21,4-21,5M) e Acroname (3M).

Valens Semiconductor (NYSE: VLN) está organizando su Investor Day 2024 en la ciudad de Nueva York, donde la dirección presentará la estrategia y los objetivos financieros de la empresa. La compañía proyecta ingresos de 2025 entre 71 y 76 millones de dólares, lo que representa un crecimiento interanual del 25-33%. Para 2029, Valens busca alcanzar un ingreso total de 220-300 millones de dólares con márgenes brutos del 50-60%, distribuidos entre los segmentos de Audio-Video Profesional (90-100M), Visión de Máquinas Industriales (35-50M) y Automotriz (65-110M). Para 2024, la compañía actualizó su pronóstico de ingresos a 57,2-57,5 millones de dólares, incluyendo ingresos de Audio-Video (32,8-33,0M), Automotriz (21,4-21,5M) y Acroname (3M).

발렌스 반도체 (NYSE: VLN)는 뉴욕시에서 2024 투자자 데이를 개최하며, 경영진은 회사의 전략과 재무 목표를 발표할 예정입니다. 이 회사는 2025년 매출을 7,100만~7,600만 달러로 예상하며, 이는 전년 대비 25-33% 성장한 수치입니다. 2029년까지 발렌스는 총 매출 2억2천만~3억 달러 달성을 목표로 하고 있으며, 총 50-60%의 총 이익률을 예상하고 있습니다. 이는 전문 오디오-비디오(9천만~1억 달러), 산업 기계 비전(3,500만~5,000만 달러), 자동차(6,500만~1억1천만 달러) 부문으로 나뉩니다. 2024년을 위해 회사는 오디오-비디오(3천280만~3천300만 달러), 자동차(2천140만~2천150만 달러), Acroname(300만 달러) 매출을 포함하여 5천720만~5천750만 달러로 매출 전망을 업데이트했습니다.

Valens Semiconductor (NYSE: VLN) organise son Investor Day 2024 à New York, où la direction présentera la stratégie et les objectifs financiers de l'entreprise. La société prévoit un chiffre d'affaires 2025 entre 71 et 76 millions de dollars, représentant une croissance de 25 à 33 % par rapport à l'année précédente. D'ici 2029, Valens vise à atteindre un chiffre d'affaires total de 220 à 300 millions de dollars avec des marges brutes de 50 à 60 %, réparties entre les segments Audio-vidéo professionnel (90-100M), Vision des machines industrielles (35-50M) et Automobile (65-110M). Pour 2024, l'entreprise a mis à jour ses prévisions de chiffre d'affaires à 57,2-57,5 millions de dollars, comprenant les revenus provenant de l'audio-vidéo (32,8-33,0M), de l'automobile (21,4-21,5M) et d'Acroname (3M).

Valens Semiconductor (NYSE: VLN) veranstaltet seinen Investor Day 2024 in New York City, wo das Management die Unternehmensstrategie und finanziellen Ziele präsentieren wird. Das Unternehmen prognostiziert Umsätze 2025 zwischen 71 und 76 Millionen Dollar, was einem jährlichen Wachstum von 25-33% entspricht. Bis 2029 strebt Valens an, einen Gesamtumsatz von 220-300 Millionen Dollar mit Bruttomargen von 50-60% zu erreichen, aufgeteilt auf die Segmente Professionelle Audio-Video (90-100M), Industrielle Maschinenvision (35-50M) und Automobil (65-110M). Für 2024 hat das Unternehmen seine Umsatzprognose auf 57,2-57,5 Millionen Dollar aktualisiert, einschließlich Audio-Video (32,8-33,0M), Automobil (21,4-21,5M) und Acroname (3M) Einnahmen.

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Provides 2025 revenue guidance and long-term financial goals

HOD HASHARON, Israel, Nov. 12, 2024 /PRNewswire/ -- Valens Semiconductor (NYSE: VLN), a leader in high-performance connectivity, today will host its 2024 Investor Day in New York City where management will provide an overview of the Company's go-forward strategy, growth drivers, product innovation and long-term financial goals.

Valens Semiconductor Logo

The event will be led by Gideon Ben-Zvi, Chief Executive Officer, and will also feature presentations from Guy Nathanzon, Chief Financial Officer, and Dana Zelitzki, Senior Vice President of Marketing.

The Company will share its strategy and growth drivers in the Professional Audio-Video, Video Conferencing, Industrial Machine Vision, Automotive, Medical markets, and through potential synergetic acquisitions.

Driven by these strategic initiatives, Valens Semiconductor's financial goals by the end of 2029 are as follows:

  • Total revenue is expected to be between $220 - $300 million, gross margin of between 50% - 60%:
    • Professional Audio-Video revenues of between $90 - $100 million and gross margin between 65% - 75%.
    • Industrial Machine Vision revenues of between $35 -$50 million and gross margin between 55% - 65%.
    • Automotive revenues of between $65 - $110 million and gross margin between 35% -45%.
  • Acquisitions are expected to contribute revenues of between $30 - $40 million depending on potential acquisition opportunities.
  • Adjusted EBITDA margin is expected to be between 15% - 20%[1].
  • In the following years, Valens expects:
    • Significant automotive revenue scale with ADAS deployment within the existing and new OEMs.
    • Potential upside from single use endoscopy.

The Company will also provide revenue guidance for the full year 2025 of between $71 - $76 million or 25% - 33% YoY growth, as well as a few additional business goals.

Additionally, Valens will also update its full year 2024 revenue guidance of $57.2 - $57.5 million to include the following breakdown:

  • Audio-video revenue is expected to be between $32.8 - $33.0 million.
  • Automotive revenue is expected to be between $21.4 - $21.5 million.
  • Acroname's revenue is expected to be $3 million.

Event Details

The Investor Day will begin at 12:00 pm ET and is expected to conclude at 2:30 pm ET. Due to limited capacity, in-person attendance is by invitation only. A live broadcast of the event will be available starting at 1:00 pm ET at https://valens.zoom.us/webinar/register/WN_t5qmtJrtTHa2Ubm-8RfvHQ.

A webcast replay will be available following the conclusion of the event and related presentations will remain accessible in the investor relations section of the Company's website.

About Valens Semiconductor

Valens Semiconductor (NYSE: VLN) is a leader in high-performance connectivity, enabling customers to transform the digital experiences of people worldwide. Valens' chipsets are integrated into countless devices from leading customers, powering state-of-the-art audio-video installations, next-generation videoconferencing, and enabling the evolution of ADAS and autonomous driving. Pushing the boundaries of connectivity, Valens sets the standard everywhere it operates, and its technology forms the basis for the leading industry standards such as HDBaseT® and MIPI A-PHY. For more information, visit https://www.valens.com/.

Forward-Looking-Statements

This press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "will," "expect," "anticipate," "believe," "seek," "target" or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding our anticipated future results, including financial results such as financial goals for 2029, potential acquisition opportunities, currency exchange rates, and contract wins, and future economic and market conditions. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of Valens Semiconductor's ("Valens") management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as and must not be relied on by any investor as a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Valens Semiconductor. These forward-looking statements are subject to a number of risks and uncertainties, including the cyclicality of the semiconductor industry; the effect of inflation and a rising interest rate environment on our customers and industry; the ability of our customers to absorb inventory; competition in the semiconductor industry, and the failure to introduce new technologies and products in a timely manner to compete successfully against competitors; if Valens fails to adjust its supply chain volume due to changing market conditions or fails to estimate its customers' demand; disruptions in relationships with any one of Valens' key customers; any difficulty selling Valens' products if customers do not design its products into their product offerings; Valens' dependence on winning selection processes; even if Valens succeeds in winning selection processes for its products, Valens may not generate timely or sufficient net sales or margins from those wins; sustained yield problems or other delays or quality events in the manufacturing process of products; our ability to effectively manage, invest in, grow, and retain our sales force, research and development capabilities, marketing team and other key personnel; our ability to timely adjust product prices to customers following price increase by the supply chain; our ability to adjust our inventory level due to reduction in demand due to inventory buffers accrued by customers; our expectations regarding the outcome of any future litigation in which we are named as a party; our ability to adequately protect and defend our intellectual property and other proprietary rights; our ability to successfully integrate or otherwise achieve anticipated benefits from acquired businesses; the market price and trading volume of the Valens ordinary shares may be volatile and could decline significantly; political, economic, governmental and tax consequences associated with our incorporation and location in Israel; and those factors discussed in Valens' Form 20-F filed with the SEC on February 28, 2024 under the heading "Risk Factors," and other documents of Valens filed, or to be filed, with the SEC. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that Valens does not presently know or that Valens currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Valens' expectations, plans or forecasts of future events and views as of the date of this press release. Valens anticipates that subsequent events and developments may cause Valens' assessments to change. However, while Valens may elect to update these forward-looking statements at some point in the future, Valens specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Valens' assessment as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements.

Investor Contacts:

Michal Ben Ari
Investor Relations Manager
Valens Semiconductor Ltd.
Michal.Benari@valens.com

Lisa Fortuna
Senior Vice President
Financial Profiles, Inc.
ValensIR@finprofiles.com

[1] Although we provide guidance for Adjusted EBITDA margin, we are not able to provide guidance for projected Net profit (loss) margin, the most directly comparable GAAP measures. Certain elements of Net profit (loss), including share-based compensation expenses and warrant valuations, are not predictable due to the high variability and difficulty of making accurate forecasts. As a result, it is impractical for us to provide guidance on Net profit (loss) margin or to reconcile our Adjusted EBITDA margin guidance without unreasonable efforts. Consequently, no disclosure of projected Net profit (loss) margin is included. For the same reasons, we are unable to address the probable significance of the unavailable information.

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SOURCE Valens Semiconductor

FAQ

What is Valens Semiconductor's (VLN) revenue guidance for 2025?

Valens Semiconductor projects revenue between $71-76 million for 2025, representing a year-over-year growth of 25-33%.

What are Valens Semiconductor's (VLN) financial goals for 2029?

By 2029, Valens aims to achieve total revenue of $220-300 million, with gross margins of 50-60% and an adjusted EBITDA margin of 15-20%.

What is Valens Semiconductor's (VLN) updated revenue guidance for 2024?

For 2024, Valens expects total revenue of $57.2-57.5 million, with Audio-video revenue of $32.8-33.0 million, Automotive revenue of $21.4-21.5 million, and Acroname revenue of $3 million.

When and where is Valens Semiconductor (VLN) hosting its 2024 Investor Day?

Valens Semiconductor is hosting its 2024 Investor Day in New York City on November 12, 2024, from 12:00 PM ET to 2:30 PM ET.

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