Arbe Robotics Ltd. (NASDAQ:ARBE) Q4 2023 Earnings Conference Call March 7, 2024 8:30 AM ET
Company Participants
Miri Segal - MS-IR
Kobi Marenko - Chief Executive Officer, Co-Founder and Director
Karine Pinto-Flomenboim - Chief Financial Officer
Conference Call Participants
Gary Mobley - Wells Fargo Securities
Joshua Buchalter - TD Cowen
Suji Desilva - Roth MKM
Jaime Perez - RF Lafferty
Operator
Hello, and welcome to the Arbe Robotics’ Fourth Quarter and Full-Year 2023 Earnings Results Conference Call and Webcast. All participants will be in listen-only mode. [Operator Instructions] After today’s presentation, there will be an opportunity to ask questions. [Operator Instructions]
I would now like to hand the call over to Miri Segal of MS-IR. Please go ahead.
Miri Segal
Thank you, everyone, for joining us today. Welcome to Arbe's fourth quarter and full-year 2023 financial results conference call.
Before we begin, I would like to remind our listeners that certain information provided on this call may contain forward-looking statements, and the Safe Harbor Statement outlined in today's earnings release also pertains to this call. If you have not received a copy of the release, please view it in the Investor Relations section of the company's website.
Today, we are joined by Kobi Marenko, Arbe's Co-Founder and CEO, who will begin the call with a business update. Then we will turn the call over to Karine Pinto-Flomenboim, CFO, who will review the financials. Finally, we will open up the call for the question-and-answer session.
With that, I'd like to turn it over to, Kobi Marenko. Kobi, please go ahead.
Kobi Marenko
Good morning, everyone, and thank you for joining us. I will begin by reviewing some of our recent business highlights, then Karine Pinto-Flomenboim, Arbe’s CFO will review the financial in more detail and share our outlook. Finally we’ll open the call for the question-and-answer session.
Throughout the year, we focused on driving a radar revolution with our industry leading solutions. We are pleased with the progress we have made as we continued to innovate and develop our offerings in 2023. Although some OEMs push their decision timelines into later this year, the anticipation surrounding our offerings is high and we expect to announce significant customer wins in 2024.
Industry timelines have been extended as the auto industry realigned its autonomous driving ambition with a focus on enabling meaningful Level 2+ and Level 3 applications to differentiate their offering and meet customers' needs.