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Dec 31, 2022
Mobileye Q4 2022 Earnings Report
Mobileye's Q4 performance demonstrated the impact of advanced solutions and strong volume growth, resulting in significant revenue increase.
Key Takeaways
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.
Ramping volumes of advanced solutions significantly impacted financial performance.
Higher average system price amplified strong volume growth.
OEM customers are increasingly recognizing the scalability of Mobileye’s product portfolio.
Mobileye has a clear, multi-pronged approach for data-driven validation.
Mobileye
Mobileye
Forward Guidance
Mobileye expects to continue investing heavily in 2023 to productize and launch advanced solutions, while maintaining strong profitability.