Foresight Autonomous Holdings Ltd. American Depositary Shares Q2 2024 Earnings Report

Foresight Autonomous Holdings Ltd. American Depositary Shares EPS Results

• Actual EPS: -$6.30
• Consensus EPS: N/A
• Beat/Miss: N/A
• One Year Ago EPS: N/A

Foresight Autonomous Holdings Ltd. American Depositary Shares Revenue Results

• Actual Revenue: $0.12 million
• Expected Revenue: N/A
• Beat/Miss: N/A
• YoY Revenue Growth: N/A

Foresight Autonomous Holdings Ltd. American Depositary Shares Announcement Details

• Quarter: Q2 2024
• Date: 8/9/2024
• Time: N/A
• Conference Call Date: N/A
• Conference Call Time: N/A

Foresight Autonomous Holdings Ltd. is an Israel‐based technology company specializing in advanced vision and sensing systems for driver assistance and autonomous vehicles. Incorporated in Israel, the company was established to address the growing demand for vision‐first safety solutions within the automotive industry.

Foresight markets two core product lines: a stereo‐camera platform that uses depth perception and image segmentation to detect pedestrians, vehicles and obstacles in real time, and iDAR, an “intelligent detection and ranging” system that blends LiDAR‐style distance measurement with software-driven image analysis. Both systems leverage artificial intelligence algorithms to enhance collision avoidance, lane departure warnings and other active safety functions under challenging lighting and weather conditions.

The company’s solutions are designed for integration with automotive OEMs and Tier‐1 suppliers, adhering to industry standards for functional safety and scalability. Foresight pursues global partnerships and pilot programs across North America, Europe and Asia, aiming to support vehicle manufacturers in meeting evolving regulatory requirements and advancing toward higher levels of driving automation.