{"id":1983925,"date":"2023-07-27T08:11:01","date_gmt":"2023-07-27T12:11:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/mobileye-beats-quarterly-revenue-estimates\/"},"modified":"2023-07-27T08:12:40","modified_gmt":"2023-07-27T12:12:40","slug":"mobileye-beats-quarterly-revenue-estimates","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/mobileye-beats-quarterly-revenue-estimates\/","title":{"rendered":"Mobileye exceeds revenue expectations for the quarter."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">14<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fmobileye-beats-quarterly-revenue-estimates%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1983925&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div class=\"entry-content\">\n<p>(Reuters) &#8211; Autonomous driving tech \u2063firm Mobileye Global exceeded expectations with its quarterly revenue, showcasing the strong demand for its driver-assistance technology from leading automakers.<\/p>\n<p>The company, with esteemed customers such as BMW, \u200dNissan, and Volkswagen, experienced\u2063 robust demand for its technology in North \u2062America and Europe, effectively offsetting \u2063any weaknesses in the Chinese market.<\/p>\n<div id=\"div-gpt-ad-1663871513696-art-1\" style=\"min-width: 320px; min-height: 50px;  text-align: center;\">  \t<script>  \t\tgoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1663871513696-art-1'); });  \t<\/script>  <\/div>\n<div class=\"ad-slot__ad-label\">Advertisement<\/div>\n<\/p>\n<p>Industry analysts predict that while \u2064Geely-owned Zeekr will drive shipments in \u20622023-2024, Mobileye&#8217;s expanding pipeline could serve as \u200da positive catalyst.<\/p>\n<p>Based in Israel, \u2062Mobileye reported second-quarter revenue of $454.0 million, <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/kenvue-forecasts-profit-above-estimates-on-self-care-demand\/\" title=\"Kenvue predicts higher profits due to increased demand for self-care.\">surpassing analysts&#8217; estimates<\/a> of $450.6 million, according to data from Refinitiv.<\/p>\n<p>Mobileye&#8217;s U.S.-listed shares saw a 2% increase in premarket trading.<\/p>\n<p>  (Reporting by\u200b Samrhitha Arunasalam \u200din Bengaluru; Editing by Shounak Dasgupta)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/mobileye-beats-quarterly-revenue\/attachment\/the-listing-of-mobileye-global-inc-the-self-driving-unit-of-2\/\"><\/a><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p> A Manhattan construction crane catches \u200dfire and plummets 45 stories, resulting in injuries to at least six \u200bpeople.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Hunter&#8217;s\u2064 plea deal is struck down, while Mitch McConnell shows his resilience at 81.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>The Federal Reserve takes decisive action against inflation by <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/mobileye-beats-quarterly-revenue-estimates\/\" title=\"Mobileye exceeds revenue expectations for the quarter.\">resuming aggressive rate hikes<\/a>, raising \u2062the interest rate\u200b by a\u2062 <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/federal-reserve-raises-interest-rates-again-highest-in-22-years-expert-analysis-follows\/\" title=\"Federal Reserve hikes rates, highest in 22 years \u2013 Expert analysis ensues.\">quarter-point today<\/a>.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>South Carolina Congressman Ralph Norman asserts that \u2062there is sufficient evidence and \u200cit is time for a House-initiated impeachment of Joe Biden.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>By Alexander \u2062Marrow and Gleb Stolyarov (Reuters) &#8211; Russian tech giant Yandex reports a 27% decline in second-quarter net profit on\u200b Thursday as\u2026 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>By Alexander Marrow and Gleb Stolyarov (Reuters) &#8211; Russian tech giant Yandex reports \u2062a 27% decline in\u200d second-quarter net profit on Thursday as\u2026 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>DUBLIN (Reuters) &#8211; Digital rights group NOYB files a complaint against Ryanair, alleging that the \u2062airline is \u200dviolating customers&#8217; data\u2026 \u200c <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>DUBLIN (Reuters) &#8211; Digital rights \u200bgroup NOYB files a complaint against Ryanair, alleging that the airline is violating customers&#8217; data\u2026 <\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mobileye Global, an autonomous driving tech firm, surpassed analysts&#8217; expectations for quarterly revenue. The company experienced high demand for its driver-assistance technology from automakers like BMW, Nissan, and Volkswagen. Strong demand in North America and Europe compensated for the decline in China.<\/p>\n","protected":false},"author":66,"featured_media":1983926,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[],"class_list":["post-1983925","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1983925","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1983925"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1983925\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1983926"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1983925"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1983925"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1983925"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}