Mobileye: Strong Revenue, Earnings Dip

Mobileye Global reported mixed earnings results, with a notable decline in revenue but exceeding analyst expectations for revenue and earnings.Mobileye Global (MBLY 3.37%) is a leader in advanced driver assistance systems (ADAS) and autonomous vehicle (AV) technologies. On Jan. 30, 2025, it announced its earnings for the fourth quarter of 2024, showing signs of progress despite some challenges. Revenue for the quarter was $490 million, surpassing analyst projections of$478 million but marking a 23% decline ...