Mobileye’s reports higher losses in FY2024 on lower revenue, one-time goodwill impairment charge
Company expects full-year 2025 revenue to be in the range of $1.7 billion to $1.8 billion
Mobileye Global reported a 23% year-over-year decline in revenue to $490 million in the fourth quarter ended Dec. 31, 2024, mainly due to a 20% year-over-year reduction in EyeQ system-on-chip volume. In addition, a lower average system price, $50 in the fourth quarter 2024, compared to $52.7 in the fourth quarter of 2023, also affected Mobileye’s revenue.
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here
