Mobileye Maps Out Plan To Get To Self-Driving Cars

By | September 4, 2014

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Mobileye, a maker of camera-based driver-assistance systems, edged Wall Street’s second-quarter targets on Thursday and laid out a road map for rapid growth in its first quarterly report as a public company. The Jerusalem-based company earned 5 cents a share excluding items in Q2 vs. 3 cents a share in the year-earlier quarter, topping Wall Street’s expectations by a penny. Revenue rose 91% to $33.7 million, edging analyst views Scalper1 News

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