Categories: Science and Tech

Mobileye beats quarterly revenue estimates

Published by
TDG Syndication

(Reuters) -Mobileye Global beat Wall Street expectations for third-quarter revenue on Thursday, as automakers ramped up orders of the company's driver-assisted chips in a rush to adopt autonomous software. The company reported third-quarter revenue of $504 million, beating estimates of $480.9 million, according to data compiled by LSEG. (Reporting by Zaheer Kachwala in Bengaluru; Editing by Leroy Leo) (The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)
TDG Syndication
Published by TDG Syndication