Mobileye Global Reports Earnings Beat in Q4

Mobileye Global Inc. (MBLY) posted a loss of $71 million in its fourth quarter, beating analyst expectations.

Adjusted earnings per share came in at 13 cents, surpassing the average estimate of 12 cents. Revenue reached $490 million, exceeding forecasts of $478.3 million.

For the full year, the company reported a loss of $3.09 billion on revenue of $1.65 billion.

Mobileye anticipates full-year revenue between $1.69 billion and $1.81 billion.