Arbe Robotics GAAP EPS of -$0.27 misses by $0.11, revenue of $0.5M
Mar. 01, 2022 7:23 AM ETArbe Robotics Ltd. (ARBE)By: Deepa Sarvaiya, SA News Editor1 Comment
- Arbe Robotics press release (NASDAQ:ARBE): Q4 GAAP EPS of -$0.27 misses by $0.11.
- Revenue of $0.5M (+150.0% Y/Y).
- Outlook FY22:
- Revenues to be in the range of $7 million to $11 million.
- Adjusted EBITDA in the range of ($34 million) and ($38 million), primarily attributable to the increase in labor cost, most notably in R&D, foreign currency exchange rates impact and additional legal, accounting, and general overhead costs resulting from our status as a public company