Mobileye N.V. (MBLY) Tops Q4 EPS by 1c

Mobileye N.V. (NYSE: MBLY) reported Q4 EPS of $0.15, $0.01 better than the analyst estimate of $0.14. Revenue for the quarter came in at $71.8 million versus the consensus estimate of $70.76 million.

“Our fourth quarter and full year 2015 results represent our continued successful execution in terms of growth, improved margins and robust free cash flow generation driven by ongoing NCAP and regulatory support that will secure our growth for years to come ,” stated Ziv Aviram, co-founder, president and chief executive officer of Mobileye. “During 2015, we successfully extended our technological leadership position evidenced by the recent launch of our new Road Experience Management (REM) mapping technology which enables safe autonomous driving and are proud of the endorsements from three of the world’s largest automakers. We are also advancing our sensing technology and creating driving behavior capabilities, which we believe will further position Mobileye to remain at the forefront of the autonomous driving trend”

For earnings history and earnings-related data on Mobileye N.V. (MBLY) click here.

You May Also Be Interested In

• onsemi downgraded by TD Cowen after Synaptics deal clouds growth story
• Investing.com’s stocks of the week
• Crocs upgraded to Overweight at Piper Sandler on North America recovery signs