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Benzinga
Benzinga
Business
Anusuya Lahiri

Mobileye's Sales Are Up, But Shrinking Profits Appear To Spook Investors

Mobileye Global

Mobileye Global (NASDAQ: MBLY) stock dropped slightly in the premarket session on Thursday after it reported its fiscal third-quarter 2025 results.

The Intel (NASDAQ:INTC) spinoff autonomous firm reported a quarterly revenue growth of 4% year-on-year to $504.00 million, beating the analyst consensus estimate of $480.86 million, driven by substantial EyeQ volumes across its customer base (including China-based OEMs), steady ramp-ups of new ADAS programs, and robust volume for vehicles with the first-generation SuperVision system compared to the first half run-rate. 

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