QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Posts Q3 2018 Financial Results
Automotive technology innovator Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) this morning reported financial results for the third quarter ended September 30, 2018. Among other highlights, the report noted that the company ended the quarter with $19.3 million in cash and short-term deposits. Foresight also reported GAAP net loss of $3.75 million and non-GAAP net loss of $3.76 million. “During the third quarter, we continued early sales of our QuadSight prototype and expanded our geographic footprint into Asia,” Foresight Autonomous Holdings CEO Haim Siboni stated in the news release. “We are pleased that a leading Chinese electric and autonomous vehicle…