NVIDIA launches Jetson Thor robotics computers for physical AI systems
Investing.com - Arcimoto reported on Monday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Arcimoto announced earnings per share of $-0.38 on revenue of $2M. Analysts polled by Investing.com EPS of $-0.34 on revenue of $2.69M.
Arcimoto 's are down 92% and is trading at $0.62 , still down 94.69% from its 52 week high of $11.68 set on Monday, November 15, 2021.
Arcimoto follows other major Consumer Discretionary sector earnings this month
Arcimoto's report follows an earnings beat by Amazon.com on Thursday, October 27, 2022, who reported EPS of $0.28 on revenue of $127.1B, EPS of $0.22 on revenue of $127.76B.
Tesla had beat expectations on Wednesday, October 19, 2022 with third quarter EPS of $1.05 on revenue of $21.45B, for EPS of $1 on revenue of $21.98B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar