Arbe Expects Adjusted EBITDA For 2024 Of ($30)M - ($36)M
Portfolio Pulse from Benzinga Newsdesk
Arbe Robotics Ltd. (ARBE) has announced its expected adjusted EBITDA for 2024, which is projected to be between ($30) million and ($36) million.
August 06, 2024 | 12:13 pm
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Arbe Robotics Ltd. (ARBE) has announced its expected adjusted EBITDA for 2024, which is projected to be between ($30) million and ($36) million. This indicates a significant loss, which could negatively impact investor sentiment and the stock price in the short term.
The projected adjusted EBITDA indicates a significant loss for Arbe Robotics Ltd. in 2024. This negative financial outlook is likely to impact investor sentiment adversely, leading to a potential decline in the stock price in the short term.
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