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)

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