Arbe Robotics (NASDAQ:ARBE) Releases Quarterly Earnings Results, Misses Estimates By $0.01 EPS

Arbe Robotics (NASDAQ:ARBE) issued its earnings results on Wednesday. The company reported ($0.11) EPS for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.01), Zacks reports. The company had revenue of $0.10 million during the quarter, compared to analysts’ expectations of $0.40 million. Arbe Robotics had a negative return on equity of 102.87% and a negative net margin of 4,567.91%. During the same quarter in the previous year, the company earned ($0.07) EPS. Arbe Robotics updated its FY 2025 guidance to EPS.

Arbe Robotics Stock Performance

ARBE stock opened at $1.35 on Thursday. Arbe Robotics has a one year low of $1.29 and a one year high of $5.09. The firm’s fifty day moving average is $2.58 and its 200 day moving average is $2.11. The firm has a market cap of $121.63 million, a PE ratio of -1.82 and a beta of 0.02.

Wall Street Analyst Weigh In

Separately, Maxim Group lowered their price objective on Arbe Robotics from $4.00 to $3.00 and set a “buy” rating on the stock in a research report on Friday, November 29th.

Arbe Robotics Company Profile

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.