Valens Announces Second Quarter 2021 Results
HOD HASHARON, Israel, Sept. 1, 2021 /PRNewswire/ -- Valens Semiconductor Ltd. ("Valens"), a premier provider of high-speed connectivity solutions for the audio-video and automotive markets, today announced its financial results for the second quarter and six months ended June 30, 2021.
Second Quarter 2021 Financial Highlights:
Revenue of $17.5 million, an increase of 9.2% from the second quarter of 2020
Gross profit and gross margin of $12.5 million and 71.2%, respectively, compared to $12.7 million and 79.1% in the second quarter of 2020,
