Arbe Robotics (NASDAQ:ARBE) Second Quarter 2024 Results

Key Financial Results

• Net loss: US$11.7m (loss narrowed by 6.9% from 2Q 2023).

• US$0.15 loss per share (improved from US$0.19 loss in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Arbe Robotics Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 36%. Earnings per share (EPS) also surpassed analyst estimates by 7.3%.

Looking ahead, revenue is forecast to grow 109% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Electronic industry in the US.

Performance of the American Electronic industry.

The company's shares are down 2.9% from a week ago.

Risk Analysis

We should say that we've discovered 4 warning signs for Arbe Robotics (1 is a bit concerning!) that you should be aware of before investing here.

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