The news: Mobileye reported $438 million in Q1 revenues, narrowly beating expectations and reaffirming full-year guidance—a sign of confidence amid broader industry uncertainty.
- Mobileye, a leader in autonomous-driving tech, recorded a net loss of $102 million but maintained its full-year revenue outlook of $1.69 billion to $1.81 billion, reassuring investors of its near-term momentum.
- Mobileye posted an 83% YoY revenue gain, driven by both a low Q1 2024 base and renewed demand for its EyeQ6 Lite chip, which is gaining traction in mass-market programs.