Shares of Mobileye Global Inc. (MBLY) fell 10% since the company reported first-quarter 2024 results. It incurred an adjusted loss per share of 7 cents, wider than the Zacks Consensus Estimate of a loss of 6 cents. The company had reported earnings per share (EPS) of 14 cents in the year-ago quarter. Total revenues amounted to $239 million, down 48% year over year, beating the Zacks Consensus Estimate of $227 million.FinancialsIn the first quarter, Mobileye’s gross margin decreased 2,260 basis points year o ...