Shares drop early as Mobileye (MBLY) cuts revenue forecast
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Ground-Breaking Mixed Reality Music Video Project, WHIPPED CREAM's "THE DARK VR" Fuels Monstercat Win at the Canadian Independent Music Association Awards
April 27, 2023 7:32 AM EDTVANCOUVER, BC / ACCESSWIRE / April 27, 2023 / AMPD Ventures Inc. (CSE:AMPD) (OTCQB: AMPDF) (FRA:2Q0) ("AMPD" or the "Company"), a company addressing the opportunity represented by the new era of digital content creation and distribution, through its operating subsidiary, Departure Lounge Inc., a Vancouver, BC-based company offering next-generation media production and creative services ("Departure Lounge") and world-renowned electronic dance music label, Monstercat ("Monstercat") are pleased to announce that their ground-breaking co-production, WHIPPED CREAM's "THE DARK VR" mixed-reality music video, has helped win a... More
Mobileye Discloses First Quarter 2023 Results, Updates 2023 Guidance and Provides Business Update
April 27, 2023 6:30 AM EDTRevenue increased 16% year over year to $458 million in the first quarter. Diluted EPS (GAAP) was $(0.10) and Adjusted Diluted EPS (Non-GAAP) was $0.14 in the first quarter. Average System Price1 increased to $53.9 in the first quarter of 2023 from $51.0 in the prior year period, driven primarily by more than doubling the volume of SuperVision sales. Additional near-term SuperVision launches include Polestar 4 expected in Q4 2023, and expansion of Zeekr 001 into Europe, expected in late 2023. Multiple development activities with traditional OEMs on SuperVision and Chauffeur gaining traction. Generated net cash from operating activities of $171 million in... More
