Mobileye Q4 Earnings Surpass Expectations, Decrease Y/Y
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Mobileye reported better-than-expected Q4 2024 earnings, although there was a year-over-year decrease. The company projects full-year 2025 revenues between $1.69 billion and $1.81 billion, up from $1.65 billion in 2024.
February 03, 2025 | 3:15 pm
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Mobileye's Q4 2024 earnings exceeded expectations, but showed a year-over-year decline. The company anticipates 2025 revenues to rise to $1.69-$1.81 billion from $1.65 billion in 2024.
The better-than-expected Q4 earnings suggest positive operational performance, which is a good sign for investors. Despite the year-over-year decline, the revenue forecast for 2025 shows growth potential, likely boosting investor confidence and positively impacting the stock price in the short term.
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