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FRSX Foresight Autonomous Holdings News Story

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Brief: Foresight Autonomous Holdings Q1 GAAP Loss Per Share $0.026

May 21 (Reuters) - Foresight Autonomous Holdings Ltd
 FRSX.TA :
    * FORESIGHT ANNOUNCES FIRST QUARTER 2020 FINANCIAL RESULTS
    * Q1 NON-GAAP LOSS PER SHARE $0.025
    * Q1 GAAP LOSS PER SHARE $0.026
    * FORESIGHT AUTONOMOUS - ENDED Q1 OF 2020 WITH $6.8 MILLION
IN
CASH AND SHORT-TERM DEPOSITS
    * FORESIGHT AUTONOMOUS - COVID-19 PANDEMIC HAD A MINOR
BUSINESS
IMPACT ON OPERATIONS DURING Q1 OF 2020
    * FORESIGHT AUTONOMOUS - REDUCED ITS MONTHLY CASH BURN
SPENDING BY
MORE THAN 20% AS OF MARCH 2020

Source text for Eikon:  ID:nBwlzTSRa 
Further company coverage:  FRSX.TA 

 ((Reuters.Briefs@thomsonreuters.com;))

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