Mobileye Collision-Avoidance Technology Accelerates

By | August 6, 2015

Scalper1 News

Mobileye, a leading provider of driver-assistance technology that could help lead to self-driving cars, topped expectations with its second-quarter earnings Thursday and raised its full-year guidance. Before the market open, Mobileye (MBLY) reported revenue of $52.8 million, beating Wall Street’s consensus estimate of $47.9 million. It was up 57% from the year-earlier quarter and ahead of 28% and 26% year-over-year gains the two previous quarters. Scalper1 News

Scalper1 News