Arbe Robotics Ltd reports results for the quarter ended March 31 - Earnings Summary
Arbe Robotics Ltd reports results for the quarter ended March 31 - Earnings Summary
Arbe Robotics Ltd ARBE.OQ reported a quarterly adjusted loss of 8 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -13 cents. The mean expectation of two analysts for the quarter was for a loss of 7 cents per share.
Revenue rose 1,052.5% to $461.00 thousand from a year ago; analysts expected $500.00 thousand.
Arbe Robotics Ltd's reported EPS for the quarter was a loss of 8 cents.
The company reported a quarterly loss of $9.42 million.
Arbe Robotics Ltd shares had risen by 101.6% this quarter and gained 4.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 26.3% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the aerospace & defense peer group is also "buy"
Wall Street's median 12-month price target for Arbe Robotics Ltd is $2.38, about 48.2% above its last closing price of $1.23
This summary was machine generated from LSEG data May 28 at 01:32 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Mar. 31 2026 | -0.07 | -0.08 | Missed |
Dec. 31 2025 | -0.09 | -0.09 | Met |
Sep. 30 2025 | -0.10 | -0.10 | Met |
Jun. 30 2025 | -0.10 | -0.09 | Beat |
Recent news on Arbe Robotics
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Arbe Robotics Ltd reports results for the quarter ended March 31 - Earnings Summary
Arbe Robotics Ltd expected to post a loss of 7 cents a share - Earnings Preview
Arbe Robotics Ltd reports results for the quarter ended June 30 - Earnings Summary