Arbe Robotics Ltd. (ARBE) Reports Q3 Loss, Misses Revenue Estimates
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Arbe Robotics Ltd. (ARBE) reported a Q3 loss of $0.13 per share, missing the Zacks Consensus Estimate of a $0.11 loss.
November 27, 2024 | 2:30 pm
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Arbe Robotics Ltd. reported a Q3 loss of $0.13 per share, which is worse than the expected loss of $0.11 per share according to Zacks Consensus Estimate.
The reported loss per share of $0.13 is worse than the expected $0.11, indicating a negative earnings surprise. This is likely to put downward pressure on the stock price in the short term as investors react to the earnings miss.
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