Arbe Robotics Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 0.355 million compared to USD 0.876 million a year ago. Net loss was USD 9.91 million compared to USD 7.86 million a year ago.

Basic loss per share from continuing operations was USD 0.15 compared to USD 0.12 a year ago.