Mobileye Shares Up 6% on Q2 Beat & Strong Outlook
Mobileye (NASDAQ:MBLY) shares gained more than 6% on Friday after the company reported its Q2 results, with non-GAAP EPS coming in at $0.14, better than the Street estimate of $0.12. Revenue grew 38% year-over-year to $450 million, beating the Street estimate of $447.04 million.
The company provided its outlook, expecting Q4/22 revenue in the range of $527-545 million, compared to the Street estimate of $483.72 million. Full-year revenue is expected to be in the range of $1.831-1.849 billion, compared to the Street estimate of $1.75 billion.
| Symbol | Price | %chg |
|---|---|---|
| ASII.JK | 4800 | 1.46 |
| MASA.JK | 5425 | -1.38 |
| 012330.KS | 227000 | 0 |
| AUTO.JK | 1970 | -0.76 |
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