Event JSON
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"Mobileye falls on disappointing 2025 guidance"
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"Mobileye ended a challenging year by beating analysts' expectations in its fourth quarter financial results, but its guidance for 2025 disappointed investors. The company reported revenue of $490 million in the fourth quarter, down 23% from the corresponding quarter of 2023, but higher than the analysts' forecast of $478 million. Annual revenue in 2024 was $1.65 billion, down 20.4% from 2023. Mobileye expects a return to revenue growth in 2025, but its guidance of $1.69-1.81 billion is below analysts' forecasts of $1.96 billion."
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