Arbe Robotics (ARBE) Expected to Announce Earnings on Wednesday

Arbe Robotics (NASDAQ:ARBE) is projected to release its earnings data before the market opens on Wednesday, March 5th. Analysts expect Arbe Robotics to post earnings of ($0.10) per share and revenue of $0.40 million for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Arbe Robotics (NASDAQ:ARBE) last released its earnings results on Wednesday, November 27th. The company reported ($0.13) EPS for the quarter, missing the consensus estimate of ($0.11) by ($0.02). Arbe Robotics had a negative net margin of 4,567.91% and a negative return on equity of 102.87%. During the same quarter last year, the business earned ($0.12) EPS. On average, analysts expect Arbe Robotics to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Arbe Robotics Price Performance

ARBE stock opened at $1.91 on Wednesday. Arbe Robotics has a 12 month low of $1.39 and a 12 month high of $5.09. The firm has a market cap of $172.07 million, a PE ratio of -2.58 and a beta of 0.01. The firm has a 50 day simple moving average of $2.57 and a 200 day simple moving average of $2.12.

Analysts Set New Price Targets

Separately, Maxim Group cut their target price on shares of Arbe Robotics from $4.00 to $3.00 and set a “buy” rating for the company in a research note on Friday, November 29th.

About Arbe Robotics

Arbe Robotics Ltd., a semiconductor company, provides 4D imaging radar solutions for tier 1 automotive suppliers and automotive manufacturers in China, Hong Kong, Sweden, Germany, the United States, Israel, and internationally. It offers 4D imaging radar chipset solutions that address the core issues that have caused autonomous vehicle and autopilot accidents, such as detecting stationary objects, identifying vulnerable road users, operation at poor lighting conditions, and eliminating false alarms without radar ambiguities.