Mobileye Global Q3 Loss Widens

RTTNews | 893 dias atrás
Mobileye Global Q3 Loss Widens

(RTTNews) - Mobileye Global Inc. (MBLY) reported Wednesday that net loss for the third quarter widened to $45 million or $0.06 per share from $26 million or $0.03 per share in the prior-year quarter.

Excluding items, adjusted net income for the quarter was $114 million, compared to $107 million in the year-ago quarter.

Revenue for the quarter grew 38 percent to $450 million from $326 million in the same quarter last year.

On average, analysts polled by Thomson Reuters expected the company to report earnings of $0.12 per share on revenues of $447.04 million for the quarter. Analysts' estimates typically exclude special items.

Looking ahead to fiscal 2022, the company expects revenues between $527 million and $545 million for the fourth quarter as well as between $1.83 billion and $1.85 billion for the full-year 2022.

The Street is looking for revenues of $483.72 million for the quarter and $1.78 billion for the year.

Marcadores : MBLY
read more
Taiwan Stock Market Tipped To Open In The Green

Taiwan Stock Market Tipped To Open In The Green

The Taiwan stock market bounced higher again on Friday, one day after snapping the four-day winning streak in which it had surged almost 1,250 points or 6.2 percent. The Taiwan Stock Exchange now sits just above the 21,840-point plateau although it's likely to tick higher again on Monday.
RTTNews | 3 minutos atrás
Higher Open Anticipated For Singapore Stock Market

Higher Open Anticipated For Singapore Stock Market

The Singapore stock market has moved higher in two straight sessions, collecting more than 25 points or 0.6 percent along the way. The Straits Times Index now sits just beneath the 3,900-point plateau and it may add to its winnings on Monday.
RTTNews | 33 minutos atrás
Malaysia Stock Market Tipped To Open To The Upside

Malaysia Stock Market Tipped To Open To The Upside

The Malaysia stock market has ticked lower in back-to-back sessions, shedding almost a dozen points or 0.8 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,570-point plateau although it may find support on Monday.
RTTNews | 1h 3min atrás
Japan Stock Market May Find Support On Monday

Japan Stock Market May Find Support On Monday

The Japanese stock market has moved lower in three straight sessions, dropping almost 450 points or 1.3 percent along the way. The Nikkei 225 now sits just above the 37,750-point plateau although it may find traction on Monday.
RTTNews | 1h 18min atrás
Additional Support Expected For South Korea Shares

Additional Support Expected For South Korea Shares

The South Korea stock market bounced higher again on Friday, one day after ending the three-day winning streak in which it had advanced more than 60 points or 2.4 percent. The KOSPI now sits just above the 2,625-point plateau and it may add to its winnings on Monday.
RTTNews | 1h 33min atrás
China Data On Tap For Monday

China Data On Tap For Monday

China is scheduled to release a batch of data on Monday, headlining a busy day for Asia-Pacific economic activity. On Tap are April figures for industrial production, retail sales, fixed asset investment, house prices and unemployment.
RTTNews | 2h 33min atrás
U.S. Dollar Higher On Trade Hopes

U.S. Dollar Higher On Trade Hopes

The U.S. dollar appreciated against its major counterparts in the New York session on Friday, as investors focused on developments on the trade front.
RTTNews | 2 dias atrás
Swiss Market Ends On Firm Note On Upbeat Industrial Production Data

Swiss Market Ends On Firm Note On Upbeat Industrial Production Data

After a positive start and a subsequent rise to higher levels Friday morning, the Switzerland market remained firm despite paring some gains, and ended the day's session on a bright note. Data showing a sharp jump in Swiss industrial production in the first-quarter aided sentiment.
RTTNews | 2 dias atrás