Arbe Robotics: Q1 Earnings Insights

Arbe Robotics ARBE reported its Q1 earnings results on Wednesday, May 17, 2023 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Arbe Robotics beat estimated earnings by 7.14%, reporting an EPS of $-0.13 versus an estimate of $-0.14.

Revenue was down $521 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.12 which was followed by a 2.8% drop in the share price the next day.

Here's a look at Arbe Robotics's past performance:

To track all earnings releases for Arbe Robotics visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.