Mobileye beats quarterly revenue estimates
24/04/2025 12:03
April 24 (Reuters) - Mobileye MBLY.O beat Wall Street expectations for first-quarter revenue on Thursday, benefiting from an increase in orders for its driver-assistance technology as customers move past inventory digestion. The company reported revenue of $438 million for the quarter, compared with estimates of $435.2 million, according to data compiled by LSEG. (Reporting by Zaheer Kachwala in Bengaluru; Editing by Maju Samuel) ((Zaheer.Kachwala@thomsonreuters.com;))
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