- Arbe Robotics press release ( NASDAQ: ARBE ): Q2 GAAP EPS of -$0.18.
- Revenue of $1.24M (+148.0% Y/Y).
- Backlog as of June 30, 2022, was $1.5M.
- Gross margin in Q2 2022 was 72.8%, compared to 31.9% in Q2 2021.
- Management reiterated the outlook for the full year ending December 31, 2022 .
- Based on current estimates, management expects: Revenues to be in the range of $7 million to $11 million vs. consensus of $9.36M; Adjusted EBITDA to be in the range of -$34M and -$38M; the company is on track to reach its $312M revenue goal for 2025.
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Arbe Robotics GAAP EPS of -$0.18, revenue of $1.24M; reaffirms FY22 guidance