Mobileye Earnings Reports

Mobileye reported their Q4 and full year results, highlighting accomplishments including dozens of on-time production program launches and shipping the 200 millionth EyeQ system.

Mobileye reported its Q3 2024 financial results, emphasizing a focus on core strategic objectives including maintaining ADAS market position, strengthening relationships with top customers, and executing EyeQTM6-based advanced products. The company acknowledged a challenging near-term growth environment but expressed confidence in medium- and long-term opportunities.

Mobileye reported that excess inventory at Tier 1 customers is almost fully resolved, but a softening of business conditions in China is expected to create challenges in the second half of the year. The company is investing in China for the long term and making progress on its full product portfolio.

Mobileye's Q1 2024 financial results reflect a supply chain reset with revenue recovery appearing on track. The company achieved a record level of design wins in base and cloud-enhanced ADAS and expanded its SuperVision and Chauffeur development pipeline.

Mobileye released its Q4 and full-year 2023 financial results, with strong fourth-quarter performance impacted by customer inventory build-up. The company achieved significant design wins and expanded its vehicle model pipeline.

Mobileye's Q3 2023 results showed strong revenue growth and significant increases in operating income. The company updated its 2023 fiscal year guidance, reflecting a slight reduction in expected revenue but improvements in expected operating loss and adjusted operating income.

Mobileye reported its Q2 2023 financial results, demonstrating solid performance and highlighting future business engagements with VW Group and expansions of the advanced portfolio to 9 large OEMs.

Mobileye reported a strong Q1 2023 with 16% revenue growth, driven by the EyeQ® and SuperVision business lines. The company is gaining traction with its advanced product portfolio, but has reduced its 2023 SuperVision shipment forecast due to headwinds in the China EV market, which is impacting annual financial guidance.

Mobileye's Q4 2022 saw a 59% overall revenue growth due to increased volumes of advanced solutions and higher average system prices. The company is investing heavily in productizing and launching advanced solutions, with confidence in delivering high returns.