Mobileye beats Q4 top and bottom line consensus 
Jan. 26, 2023 6:49 AM ET Mobileye Global Inc. (MBLY)
- Mobileye press release (NASDAQ:MBLY): Q4 Non-GAAP EPS of $0.27 beats by $0.10.
- Revenue of $565M beats by $29.7M.
- Future business backlog continues to grow, with 2022 ADAS (including SuperVision) design wins projected to generate future revenue of $6.7 billion across 64 million units by 2030.
- Advanced ADAS products, such as SuperVision contributed meaningfully to our revenue growth and resulted in Average System Price increasing to $56.2 in fourth quarter 2022 from $48.3 in the prior year period.
- Generated net cash from operating activities of $546 million in the year ended December 31, 2022. Our balance sheet is strong with $1.0 billion of cash and cash equivalents and zero debt as of December 31, 2022.
- Stock +4.7%

