Mobileye Releases First Quarter 2024 Results and Provides Business Overview

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Go back to Mobileye Releases First Quarter 2024 Results and Provides Business Overview

Mobileye (MBLY) misses estimates for Q1 earnings, revenue; shares slip

April 25, 2024 6:55 AM EDT

Mobileye (NASDAQ: MBLY) posted Q1 earnings and revenue that missed consensus estimates, sending its shares 1.6% lower in premarket trading.

The company reported a first-quarter loss per share of $0.07, wider than the expected loss per share of $0.05. Revenue came in at $239 million, falling short of... More