NasdaqCM:ARBEElectronic
Arbe Robotics (NasdaqCM:ARBE) Reports Earnings Decline US$0.1M Sales Rise In Losses As Stock Drops 12% In A Week
Arbe Robotics (NasdaqCM:ARBE) recently reported significant declines in its earnings, with fourth-quarter sales dropping to $0.1 million from $0.3 million the previous year, and a net loss increasing to $12 million. The company's losses per share rose to $0.15 from $0.12, reflecting ongoing challenges. Concurrently, the broader market faced volatility due to new tariffs announced by President Trump, which led to a sharp decline across multiple indices, including the Nasdaq, which fell 4.7%...