Mobileye Global exceeded Q2 estimates with $0.19 non-GAAP EPS and $508 million revenue, topping forecasts by $0.13 and $25.8M respectively.
Mobileye Global reported Q2 non-GAAP earnings per share of $0.19, surpassing estimates by $0.13. Revenue reached $508 million, beating expectations by $25.8 million, though it remained nearly flat year-over-year.
The company’s revenue growth of 0.4% compared to Q2 2024 fell short of broader sector trends, reflecting stagnant demand in key markets. Analysts had anticipated a modest uptick, but results showed limited progress.
Shares showed muted reaction in after-hours trading as investors weighed the earnings beat against tepid revenue growth.