Mobileye Sets Date for Second Quarter Financial Results Announcement

Deep News
07/09

Mobileye Global Inc. (Nasdaq: MBLY) has announced it will release its financial results for the second quarter of 2026 before the U.S. stock market opens on Thursday, July 23, 2026.

A conference call to discuss the results and provide a business update is scheduled for 8:00 a.m. Eastern Time (3:00 p.m. Israel Time) on the same day.

The call will be hosted by Professor Amnon Shashua, Chief Executive Officer; Moran Shemesh Rojansky, Chief Financial Officer; Nimrod Nehushtan, Executive Vice President of Business Development and Strategy; and Dan Galves, Chief Commercial Officer.

A live webcast will be accessible via the Mobileye investor relations website, with a replay available shortly after the call concludes.

In its previous first quarter report, the company posted revenue of $558 million, a 27% year-over-year increase, with adjusted operating income reaching $95 million, up 61%. Operating cash flow was $75 million.

Driven by this strong quarterly performance, the company raised its full-year 2026 revenue guidance midpoint to $1.975 billion and expects EyeQ chip shipments of approximately 38 million units. The adjusted operating income guidance was also increased to $210 million.

For the second quarter, the company anticipates EyeQ chip shipments of around 9.3 million units, with revenue expected to decline approximately 6% year-over-year.

Gross margin is projected to be slightly lower than the first quarter, while operating expenses are expected to remain largely flat.

The company noted that exports from Chinese automakers were a significant driver of growth in the first quarter, but management expressed a cautious outlook for this segment in the second half of the year, favoring a more conservative forecast.

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