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Arbe Robotics .(ARBE) - 2024 Q2 - Earnings Call Transcript
2024-08-06 17:54
Arbe Robotics Ltd. (NASDAQ:ARBE) Q2 2024 Earnings Conference Call August 6, 2024 8:30 AM ET Company Participants Miri Segal-Scharia - Chief Executive Officer, MS-IR Kobi Marenko - Chief Executive Officer & Co-Founder Karine Pinto-Flomenboim - Chief Financial Officer Conference Call Participants Joshua Buchalter - TD Cowen Suji Desilva - ROTH Capital Matthew Galinko - Maxim Group Operator Good day, and welcome to the Arbe Robotics Second Quarter 2024 Financial Results Conference Call. All participants will b ...
Arbe Robotics Ltd. (ARBE) Reports Q2 Loss, Tops Revenue Estimates
ZACKS· 2024-08-06 14:01
Arbe Robotics Ltd. (ARBE) came out with a quarterly loss of $0.09 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to loss of $0.16 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 18.18%. A quarter ago, it was expected that this company would post a loss of $0.07 per share when it actually produced a loss of $0.14, delivering a surprise of -100%.Over the last four quarters, the company has surpas ...
Arbe Announces Q2 2024 Financial Results
Prnewswire· 2024-08-06 11:00
TEL AVIV, Israel, Aug. 6, 2024 /PRNewswire/ -- Arbe Robotics Ltd. (Nasdaq: ARBE) (TASE: ARBE) ("Arbe"), a global leader in Perception Radar Solutions, today announced financial results for its second quarter, ended June 30, 2024.Key Q2 and Recent Company Highlights:Arbe's chipset was selected by one of the top ten OEMs worldwide for the development of its next-generation imaging radar aimed at serial production. The selection of Arbe's technology presents a significant commercial opportunity given its appli ...
Arbe to Participate at August Investor Conferences
Newsfilter· 2024-07-30 12:00
Company Overview - Arbe Robotics Ltd. is a global leader in Perception Radar Solutions, focusing on enabling safe driver-assist systems and paving the way for full autonomous driving [3] - The company's radar technology is 100 times more detailed than any other radar currently available, making it a critical sensor for L2+ and higher autonomy [3] - Arbe is based in Tel Aviv, Israel, with additional offices in China, Germany, and the United States, serving automakers, Tier-1 suppliers, and various safety applications [3] Upcoming Events - Arbe management will participate in the J.P. Morgan 2024 Auto Conference on August 7, 2024, at 12:50 pm ET in New York City, featuring an in-person fireside chat and meetings [1] - The company will also attend the Jefferies Semiconductor, IT Hardware & Communications Technology Conference on August 27, 2024, in Chicago, IL, with in-person meetings scheduled [1] - The J.P. Morgan conference fireside chat will be available on Arbe's investor relations website after the event [1]
Arbe to Announce Q2 2024 Financial Results and Hold a Conference Call on August 6
Prnewswire· 2024-07-23 12:00
TEL AVIV, Israel, July 23, 2024 /PRNewswire/ -- Arbe Robotics Ltd. (NASDAQ: ARBE) (TASE: ARBE), a global leader in Perception Radar Solutions, today announced that it will hold its second quarter conference call on Tuesday, August 6 at 8:30 a.m. Eastern Time. The company will issue its financial results before the market opens that same day.Conference Call and Webcast DetailsSpeakers will include Kobi Marenko, Co-Founder and Chief Executive Officer and Karine Pinto-Flomenboim, Chief Financial Officer. The l ...
3 Robotics Stocks to Buy Now: Q3 Edition
Investor Place· 2024-07-17 20:05
Humans have enjoyed the fruits of automation for a long time, at least since the Industrial Revolution in the late 18th century. We are now entering a more complex age that relies on both smarter machines and the management of data, making it an opportune time to consider robotics stocks to buy now.On one hand, a machine is nothing without sense data, just as humans are crippled in their actions without eyesight. On the other hand, even if that sense data is there, it has to be effectively coordinated into ...
Arbe Collaborates with European Truck Manufacturer to Revolutionize Truck Safety with Imaging Radar
Prnewswire· 2024-07-11 07:00
Core Insights - Arbe Robotics has announced a collaboration with a prominent European truck manufacturer to integrate its automotive-grade imaging radar technology into the manufacturer's next-generation sensor suite, marking a significant step in the development of safety and autonomy applications for vehicles [1][4] Company Overview - Arbe Robotics is a global leader in perception radar solutions, enabling advanced driver-assist systems and paving the way for full autonomous driving. The company's radar technology is reported to be 100 times more detailed than any other radar on the market, making it critical for L2+ and higher autonomy applications [5] Technology Advancements - Arbe's imaging radar technology addresses unique challenges faced by trucks, such as their larger size and the need for longer braking distances. The technology enhances safety by operating effectively in various weather and lighting conditions, supporting functionalities like perception enhancement and free space mapping [2][3] Collaboration Details - The European truck manufacturer has conducted extensive evaluations of Arbe's imaging radar chipset, confirming its performance through field trials. The manufacturer is now moving forward with the installation of Arbe's cutting-edge radars in trucks for the next phase of developing safety and autonomy applications [3][4]
Arbe Selected by Top OEM for the Development of Imaging Radar for Production
Prnewswire· 2024-07-01 10:00
Preparations for Serial Production Implementation Will Begin ImmediatelyTEL AVIV, Israel, July 1, 2024 /PRNewswire/ -- Arbe Robotics Ltd. (Nasdaq: ARBE) (TASE: ARBE), a global leader in Perception Radar solutions, today announced that one of the top ten OEMs worldwide has selected Arbe's chipset for the development of its next-generation imaging radar aimed at serial production. This major milestone underscores Arbe's leadership in radar technology and paves the way for substantial commercial growth.The OEM ...
Arbe: Changing Regulations And Commercial Success Suggest Profits Are Approaching
Seeking Alpha· 2024-06-10 10:03
Just_Super The regulatory environment for automobile safety has changed; the NHTSA published a final ruling mandating that all light vehicles sold in the US must have automatic braking systems from 2028 onwards at speeds above 10 mph. The ruling delivers a significantly expanded TAM for Arbe and sets a deadline for OEMs to start deploying Arbe's technology. Likely, most car manufacturers (perhaps excluding the luxury premium priced manufacturers) will have a choice of two systems. Arbe Robotics (NASDAQ: ...
Arbe Announces Issuance of Convertible Debentures
Prnewswire· 2024-06-06 20:00
Company Raises Approximately $30 Million through Convertible Debenture Offering, Listed on Tel Aviv Stock ExchangeTEL AVIV, Israel, June 6, 2024 /PRNewswire/ -- Arbe Robotics, Ltd., (NASDAQ: ARBE) (TASE: ARBE), a global leader in perception radar solutions, announced today the issuance of convertible debentures in the principal amount of NIS 110,000,000 (approximately $30 million) to Israeli investors. The debentures bear an annual interest rate of 6.5%,  mature on May 30, 2028, and are convertible into Arb ...