Mobileye (NASDAQ:MBLY) shares gained more than 6% on Friday after the company reported its Q2 results, with non-GAAP EPS coming in at $0.14, better than the Street estimate of $0.12. Revenue grew 38% year-over-year to $450 million, beating the Street estimate of $447.04 million.
The company provided its outlook, expecting Q4/22 revenue in the range of $527-545 million, compared to the Street estimate of $483.72 million. Full-year revenue is expected to be in the range of $1.831-1.849 billion, compared to the Street estimate of $1.75 billion.