Mobileye Releases First Quarter 2024 Results and Provides Business Overview [Yahoo! Finance]
Mobileye Global Inc. (MBLY)
US:NYSE Investor Relations:
ir.mobileye.com/investor-relations/default.aspx
Company Research
Source: Yahoo! Finance
Diluted EPS (GAAP) was $(0.27) and Adjusted Diluted EPS (Non-GAAP) was $(0.07) in the first quarter. Inventory consumption and the expected quarterly cadence of EyeQ TM SoC deliveries over the course of 2024 remains on-track with our prior guidance. Announcement by Volkswagen Group of a wide-ranging production award for our advanced products in the first quarter led to an expansion of the pipeline of advanced discussions with other global OEMs. Generated net cash from operating activities of $40 million in the first quarter. Our balance sheet is strong with $1.2 billion of cash and cash equivalents and zero debt as of March 30, 2024. JERUSALEM, April 25, 2024 BUSINESS WIRE )--Mobileye Global Inc. (Nasdaq: MBLY) ("Mobileye") today released its financial results for the three months ended March 30, 2024. "The financial results in the first quarter reflect a supply chain reset as the excess inventory held by our customers is consumed. We are encouraged that the inventory draw-
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MBLY
Earnings
- 4/25/24 - Beat
MBLY
Sec Filings
- 6/18/24 - Form 3
- 6/18/24 - Form 8-K
- 6/11/24 - Form 4
- MBLY's page on the SEC website