Foresight Autonomous Holdings Ltd. said its normalized net income for the third quarter came to a loss of 224,590 shekels, compared with a loss of 24,770 shekels in the year-earlier period.
Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.
Reported net income totaled a loss of 359,340 shekels, or a loss of 36 agorot per share, compared to a loss of 39,640 shekels in the prior-year period.
As of Nov. 17, US$1 was equivalent to 3.91 shekels.