Arbe Robotics (ARBE) Set to Announce Earnings on Wednesday
Arbe Robotics (NASDAQ:ARBE – Get Free Report) is scheduled to be issuing its quarterly earnings data before the market opens on Wednesday, May 22nd. Analysts expect the company to announce earnings of ($0.07) per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.
Arbe Robotics (NASDAQ:ARBE – Get Free Report) last released its quarterly earnings results on Thursday, March 7th. The company reported ($0.10) earnings per share for the quarter, topping the consensus estimate of ($0.11) by $0.01. The business had revenue of $0.35 million for the quarter, compared to the consensus estimate of $4.00 million. Arbe Robotics had a negative net margin of 2,959.18% and a negative return on equity of 69.50%. On average, analysts expect Arbe Robotics to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Arbe Robotics Price Performance
Shares of Arbe Robotics stock opened at $1.68 on Wednesday. The stock has a market capitalization of $131.41 million, a PE ratio of -2.29 and a beta of -0.08. Arbe Robotics has a 1-year low of $1.40 and a 1-year high of $3.31. The company’s fifty day simple moving average is $1.88 and its 200-day simple moving average is $1.93.
Arbe Robotics Company Profile
Arbe Robotics Ltd., a semiconductor company, provides 4D imaging radar solutions for tier 1 automotive suppliers and automotive manufacturers in China, Hong Kong, Sweden, Germany, the United States, Israel, and internationally. It offers 4D imaging radar chipset solutions that address the core issues that have caused autonomous vehicle and autopilot accidents, such as detecting stationary objects, identifying vulnerable road users, operation at poor lighting conditions, and eliminating false alarms without radar ambiguities.
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