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Mobileye tops quarterly revenue estimates

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Mobileye tops quarterly revenue estimates

Nov 3, 2024 3:30 PM

Oct 31 (Reuters) - Self-driving tech firm Mobileye

Global ( MBLY ) topped Wall Street expectations for quarterly

revenue on Thursday as a rebound in car sales in China led to

improved demand for its driver-assistance chips.

The company reported revenue of $486 million in the third

quarter, compared with analysts' estimates of $472.1 million,

according to data compiled by LSEG.

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