Shares of Mobileye Global Inc.
were up 7% in premarket trading Thursday after the maker of autonomous-driving technology topped earnings and revenue estimates for the fourth quarter. The company generated net income of $30 million, or 4 cents a share, whereas it reported a net loss of $53 million, or 7 cents a share, in the year-earlier period. Adjusted earnings per share rose to 27 cents from 13 cents, while analysts were modeling 17 cents.
were up 7% in premarket trading Thursday after the maker of autonomous-driving technology topped earnings and revenue estimates for the fourth quarter. The company generated net income of $30 million, or 4 cents a share, whereas it reported a net loss of $53 million, or 7 cents a share, in the year-earlier period. Adjusted earnings per share rose to 27 cents from 13 cents, while analysts were modeling 17 cents.
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