Foresight Autonomous Holdings Reports Third Quarter 2023 Earnings

Foresight Autonomous Holdings (TLV:FRSX) Third Quarter 2023 Results

Key Financial Results

• Net loss: US$4.21m (loss narrowed by 26% from 3Q 2022).

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

Foresight Autonomous Holdings Earnings Insights

Looking ahead, revenue is forecast to grow 199% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Auto Components industry in Asia.

Performance of the market in Israel.

The company's shares are up 3.4% from a week ago.

Risk Analysis

You should learn about the 5 warning signs we've spotted with Foresight Autonomous Holdings (including 2 which are a bit unpleasant).

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