Mobileye Global Inc. (Nasdaq: MBLY) reported its financial results for the second quarter of 2025, showing a revenue increase of 15% year-over-year, reaching $506 million compared to Q2 2024. The company's Operating Income and Adjusted Operating Income improved by 21% and 34%, respectively. Mobileye's Adjusted Diluted EPS (Non-GAAP) for the quarter was $0.13. The company generated net cash from operating activities totaling $322 million for the first half of 2025, and it reported a strong balance sheet with $1.7 billion in cash and cash equivalents, and no debt as of June 28, 2025. The company has revised its full-year 2025 revenue outlook upwards, projecting revenue in the range of $1,765 million to $1,885 million, which implies a 7% to 14% growth compared to the previous year. CEO Prof. Amnon Shashua highlighted substantial progress on advanced product programs, which is expected to positively impact Mobileye's growth trajectory by 2027.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.