Arbe Robotics Ltd. (ARBE) Reports Q2 Loss, Tops Revenue Estimates

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 ...