Brief: Arbe Robotics Reports Fourth Quarter Financial Results

Arbe Robotics

02/03/2023 12:32

March 2 (Reuters) - Arbe Robotics Ltd  ARBE.O :
    * ARBE ANNOUNCES Q4 AND FULL YEAR 2022 FINANCIAL RESULTS
    * FY 2023 REVENUES ARE EXPECTED TO BE IN RANGE OF $5 TO $7
MILLION
    * FY 2023 ADJUSTED EBITDA LOSS IS PROJECTED TO BE IN RANGE
OF $32
MILLION AND $35 MILLION
    * REVENUES FOR Q4 2022 WERE $0.15 MILLION, COMPARED TO $0.5
MILLION IN Q4 2021
    * NET LOSS IN Q4 OF 2022 WAS $11.1 MILLION COMPARED TO NET
LOSS OF
$15.8 MILLION IN SAME PERIOD OF 2021
    * Q4 EARNINGS PER SHARE VIEW $-0.15, REVENUE VIEW $1.9
MILLION --
REFINITIV IBES DATA
    * FY2023 REVENUE VIEW $40.8 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nPn949x3Sa 
Further company coverage:  ARBE.O 

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