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Mobileye beats quarterly revenue estimates

ReutersApr 24, 2025 11:03 AM

- Mobileye MBLY.O beat Wall Street expectations for first-quarter revenue on Thursday, benefiting from an increase in orders for its driver-assistance technology as customers move past inventory digestion.

The company reported revenue of $438 million for the quarter, compared with estimates of $435.2 million, according to data compiled by LSEG.

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