Reports Q4 revenue $490M, consensus $478.24M..”I’m proud of our accomplishments in 2024. Against a challenging backdrop, we executed dozens of production program launches on-time for our customers and shipped the 200 millionth EyeQTM system in our history. In 2024, while generating $400 million of operating cash flow, we also made outstanding progress on the technology pillars that support our SuperVision, Chauffeur, and Drive advanced solutions that are driving the largest opportunity pipeline in our history,” said Mobileye (MBLY) President and CEO Prof. Amnon Shashua. “Our autonomous driving system architecture is built to optimize both precision and scalability, supporting a true revolution of transportation. We look forward to a robust cadence of EyeQ6 High-based product launches beginning in 2026.”
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MBLY:
- MBLY Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Mobileye call volume above normal and directionally bullish
- Mobileye price target raised to $22 from $18 at Barclays
- Lyft (LYFT) Establishes New Partnerships but Faces Rising Competition from Autonomous Vehicles
- Mobileye price target raised to $17 from $14 at UBS