Arbe Robotics Ltd. (ARBE) Reports Q3 Loss, Lags Revenue Estimates

Arbe Robotics Ltd. (ARBE) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of a loss of $0.07. This compares to a loss of $0.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -14.29%. A quarter ago, it was expected that this company would post a loss of $0.08 per share when it actually produced a loss of $0.06, delivering a surprise of +25%.Over the last four quarters, the company has surp ...