Arbe Robotics (ARBE) Tops Q3 EPS by 2c ; Provides Outlook

Arbe Robotics (NASDAQ: ARBE) reported Q3 EPS of ($0.13), $0.02 better than the analyst estimate of ($0.15). Revenue for the quarter came in at $123 thousand versus the consensus estimate of $469.33 thousand.

Outlook:-
We are committed to maintaining a strong and well-managed balance sheet, focusing on cost-effectiveness and the ability to fund our revenue growth. Adjusted EBITDA for 2024 is projected to be in the range of ($30) million to ($36) million.

For earnings history and earnings-related data on Arbe Robotics (ARBE) click here.

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