Mobileye Earnings Top Amid Driver Assistance, Autonomy Push

By | May 11, 2015

Scalper1 News

Mobileye (MBLY) reported first-quarter earnings and revenue above Wall Street estimates Monday as demand grows for advanced car safety features and autonomy. The provider of software and related technology for driver-assistance systems earned 8 cents per share adjusted for stock option expenses, up from 6 cents a year ago and a penny better than analysts’ forecasts. Revenue rose 28% to $45.6 million, above views for $44.23 million. Mobileye’s Scalper1 News

Scalper1 News