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Mobileye forecasts annual revenue below estimates
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Mobileye forecasts annual revenue below estimates
Jan 30, 2025 4:30 AM

Jan 30 (Reuters) - Mobileye Global ( MBLY ) forecast

fiscal 2025 revenue below Wall Street expectations on Thursday,

anticipating weaker shipments for its assisted driving

technology to China as its automotive customers face stiff

competition from local players.

The company forecast revenue between $1.69 billion and $1.81

billion, compared with the average analyst estimate of $1.94

billion, according to data compiled by LSEG.

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