Stock Track | Mobileye Global Plunges Over 9% Pre-Market as Q4 Earnings Disappoint Despite Beating Estimates

Stock Track

01-30

Mobileye Global Inc. (MBLY) shares are plummeting over 9% in the pre-market trading session on Thursday, following the release of the company's fourth-quarter 2024 earnings results.

While Mobileye reported better-than-expected revenue of $490 million (vs. $477.8 million estimated) and adjusted operating income of $101 million (vs. $85.1 million estimated), the company's bottom line figures fell short of expectations.

Mobileye reported an adjusted net income of $107 million, or $0.13 per share, which was slightly above the consensus estimate of $0.11 per share. However, the company also reported a basic net loss of $0.09 per share for the quarter, disappointing investors.

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(MBLY) shares are plummeting over 9% in the pre-market trading session on Thursday, following the release of the company's fourth-quarter 2024 earnings results.</p>\n\n<p>While Mobileye reported better-than-expected revenue of $490 million (vs. $477.8 million estimated) and adjusted operating income of $101 million (vs. $85.1 million estimated), the company's bottom line figures fell short of expectations.</p>\n\n<p>Mobileye reported an adjusted net income of $107 million, or $0.13 per share, which was slightly above the consensus estimate of $0.11 per share. 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","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"MBLY":"Mobileye Global Inc."},"translate_title":"尽管第四季度盈利超出预期，但仍令人失望，Mobileye Global盘前暴跌逾9%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MBLY":1},"content_text":"Mobileye Global Inc. (MBLY) shares are plummeting over 9% in the pre-market trading session on Thursday, following the release of the company's fourth-quarter 2024 earnings results.\nWhile Mobileye reported better-than-expected revenue of $490 million (vs. $477.8 million estimated) and adjusted operating income of $101 million (vs. $85.1 million estimated), the company's bottom line figures fell short of expectations.\nMobileye reported an adjusted net income of $107 million, or $0.13 per share, which was slightly above the consensus estimate of $0.11 per share. 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