Mobileye releases fourth-quarter and full-year 2023 results and provides business overview

Jerusalem--(business wire)--mobileye global inc. (nasdaq: mbly) (“mobileye”) today released its financial results for the three months and for the year ended december 30, 2023. “our fourth quarter performance was very strong across the board but is understandably overshadowed by the inventory build-up at our customers which will impact our growth in 2024. we believe we have high visibility to the first quarter results, a very meaningful improvement in q2 revenue and normalization of revenue in.
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