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

Industrial Tech Acquisitions shares have lost about 26.3% since the beginning of the year versus the S&P 500's gain of 7.9%. Arbe Robotics Ltd. (ARBE) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to a loss of $0.09 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +25.00%. A quarter ago, it was expected that this company would post a loss of $0.08 per sh ...