Mobileye Global (MBLY) Q2 Earnings and Revenues Beat Estimates

Mobileye Global (MBLY) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.17 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 12.50%. A quarter ago, it was expected that this maker of driver-assistance systems and autonomous driving technologies would post a loss of $0.06 per share when it actually produced a loss of $0.07, delivering a ...