Mobileye (MBLY) - 2024 Q3 - Quarterly Results
Mobileye (MBLY)2024-10-31 18:42
Exhibit 99.1 Mobileye Releases Third Quarter 2024 Results and Provides Business Overview · Revenue decreased 8% year over year to $486 million in the third quarter. Revenue increased 11% versus the second quarter of 2024. Full year 2024 revenue guidance, at the midpoint, is unchanged compared to prior guidance. · Diluted EPS (GAAP) was $(3.35) and Adjusted Diluted EPS (Non-GAAP) was $0.10 in the third quarter of 2024. GAAP EPS was impacted by a non-cash impairment loss related to the Goodwill asset on our b ...