Tag Archives: mbly

Mobileye Q3 Fueled By Growth In Auto-Safety Systems

Auto technology company Mobileye (MBLY) drove home a third-quarter earnings report Thursday morning that beat revenue forecasts. The developer of camera-based driver assistance systems reported revenue of $34.7 million, beating the consensus estimates of $30.3 million and up 70% from the year-earlier period. It reported earnings per share minus items of 4 cents, the same as last year, meeting the consensus estimates as polled by Thomson Reuters.

Mobileye Gears Up For Q3 Earnings As Cars Connect

Mobileye hits the road Thursday with its third-quarter earnings report, which is expected to show double-digit EPS and revenue gains. The developer of camera-based driver assistance systems will report its earnings before the market open. The consensus estimate is for Mobileye (MBLY) to report revenue of $30.34 million, up 49% from the year-earlier period but a slowdown from growth of 91% in Q2. Earnings per share minus items are expected to rise

Self-Driving Cars Take Wheel, Almost, At Auto Show

What’s coming down the road? Cars as robots, more or less. The L.A. Auto Show kicked off Tuesday with press days focused on the technology of the “connected car,” which will eventually help lead to self-driving cars, like those that Google (GOOGL) and recent auto-tech IPO Mobileye (MBLY) have been working on. Volvo, for one, showcased in a news conference Tuesday that, like Google, its cars can drive themselves now — following