Categories: Tech & Auto

Mobileye beats quarterly revenue estimates

(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.)

Indianews Syndication

Share
Published by
Indianews Syndication

Recent Posts

Update to today's Daybook

Subscribers: Please update the following to the Reuters Daybook for today, Thursday, November 12: POSTPONED…

3 minutes ago

Who would be next CEO at Nvidia? Top engineer and CFO favored as candidates

By Ankur Banerjee, Peter Henderson and Anhata Rooprai SAN FRANCISCO, Nov 11 (Reuters) - Nvidia…

5 minutes ago

Who would be next CEO at Nvidia? Top engineer and CFO favored as candidates

By Ankur Banerjee, Peter Henderson and Anhata Rooprai SAN FRANCISCO, Nov 11 (Reuters) - Nvidia…

6 minutes ago

RPT-US ENVOY KUSHNER: US SEES EUROPE’S STRONG DESIRE TO BRING CONFLICT IN UKRAINE TO AN END – IFX

RPT-US ENVOY KUSHNER: US SEES EUROPE’S STRONG DESIRE TO BRING CONFLICT IN UKRAINE TO AN…

10 minutes ago

Sweden's economic development justifies toghter monetary policy, central bank's Bunge says

STOCKHOLM, Nov 12 (Reuters) - Sweden's economy is recovering on a broad front, and inflation…

14 minutes ago

JD.com seeks to lead Europe's online electronics retail with Ceconomy deal

By Matthias Inverardi DUESSELDORF, Germany, Nov 12 (Reuters) - Chinese e-commerce group JD.com will use…

16 minutes ago