Tag Archives: mbly

Mobileye, CyberArk Just Two Of Many Hot Israeli IPOs

Add Internet startups to Israel’s mix of software companies, biotechs and medical device makers that have been going public, says RBC Capital in a research report. At least 10 Israeli technology companies went public in the U.S. last year. That group includes automotive camera-sensing system maker Mobileye (MBLY). Another hot initial public offering came from computer software security firm CyberArk Software (CYBR). Mark Mahaney, an analyst at RBC

Semiautonomous Cars Speeding In After Mobileye Report

Fasten your seatbelts, drivers, because some big changes look headed down the pike in what your cars can do. Analysts reviewing car-safety tech company Mobileye ‘s (MBLY) first-quarter earnings report this week see more active-safety systems going into cars soon — to do things like brake the vehicle automatically to avoid an accident. These features are getting to be known as semi-autonomous driving, an incremental step on the way to self-driving

Mobileye Tops Amid Driver Assistance, Autonomy Push

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 $44.2 million. Mobileye’s