Mobileye Announces Third Quarter 2016 Financial Results
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November 17, 2016 6:47 AM EST
Wells Fargo analyst Richard Kwas is telling clients to buy Mobileye N.V (NYSE: MBLY) on yesterday's weakness, calling the move down perplexing.
Kwas commented, "We would BUY yesterday's (11/16) weakness. The move down was perplexing, but our best guess is it related to... More
November 15, 2016 11:19 AM EST
Wells Fargo analyst Richard Kwas provided takeaways from Mobileye's (NYSE: MBLY) conference call. The analyst noted the company has four agreements for Level 4 autonomous (i.e., fully autonomous with few limitations) up from two previously. One of the agreements is with a... More
November 15, 2016 7:00 AM EST
Mobileye (NYSE: MBLY) reported Q3 EPS of $0.19, $0.01 better than the analyst estimate of $0.18. Revenue for the quarter came in at $94.9 million versus the consensus estimate of $89.51 million.
"Our core business performed well in the third quarter," stated Ziv Aviram, co-founder, president and chief executive... More
