Mobileye Global Inc. today announced that it will release its financial results for the first quarter 2024 on Thursday, April 25, 2024, before market open. Mobileye will host a conference call at.
Revenue increased 13% year over year to $637 million in the fourth quarter, consistent with the preliminary results provided on January 4th, 2024.
Operating Income and Adjusted Operating Income.
Mobileye reported Q4 2023 revenue growth of 13% YoY but missed consensus. Adjusted EPS beat expectations. Gross margin expanded, operating margin increased. CEO highlighted design wins projected at $7 billion of incremental future estimated revenue for a second consecutive year, at elevated ASP.
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