Tag Archives: mbly

Mobileye Earnings Top 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 $44.23 million. Mobileye’s

Mobileye Expected To Drive Home Double-Digit Growth

Mobileye (MBLY), a leading provider of driver assistance technology, is expected to show double-digit growth when it reports first-quarter earnings before the open Monday. Mobileye was scheduled to report earnings on Tuesday but changed “due to a family matter affecting one of the executives,” the company said Wednesday. Wall Street’s consensus revenue estimate is $44.2 million, a 42% increase from the year-earlier period. Analysts polled by

Mobileye In Driver’s Seat Amid Push For Auto Safety

Mobileye (MBLY) shares gapped up in massive volume Wednesday on a pair of upgrades for the hot camera-based driver-assistance systems developer. The Israeli company makes systems for General Motors (GM), Ford Motor (F), BMW, Honda Motor (HMC), Nissan (NSANY) and Volvo, and aftermarket systems for Tesla Motors (TSLA). Last month, Mobileye joined forces with Paris-based Valeo to develop new front-facing camera-based safety systems. Morgan Stanley on