Mobileye (MBLY) Tops Q4 EPS by 10c

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Go back to Mobileye (MBLY) Tops Q4 EPS by 10c

Mobileye Discloses Fourth-Quarter and Full-Year 2022 Results and Business Update

January 26, 2023 6:35 AM EST

Revenue increased 59% year over year to $565 million in the fourth quarter. Diluted EPS (GAAP) was $0.04 and Adjusted Diluted EPS (Non-GAAP) was $0.27 in the fourth quarter. Future business backlog continues to grow, with 2022 ADAS (including SuperVisionTM) design wins projected to generate future revenue of $6.7 billion across 64 million units by 2030.1 Advanced ADAS products, such as SuperVisionTM contributed meaningfully to our revenue growth and resulted in Average System Price2 increasing to $56.2 in fourth quarter 2022 from $48.3 in the prior year... More