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Foresight Autonomous Holdings Q3 loss widens YOY

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.