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- 性别
- 男
- 来自
- 米地乌托邦
   
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Mobileye (NYSE:MBLY), a maker of camera-based driver-assistance systems, posted Q2 sales and earnings early Thursday that beat estimates, but just barely, and investors took profits in the white-hot IPO in morning trading.
The Jerusalem-based company earned 5 cents a share excluding items in the June quarter vs. 3 cents a share in the year-earlier quarter and besting Wall Street expectations for 4 cents. Sales soared 91% to $33.7 million, edging analyst views of $33.1 million.
"Our strong revenue growth was driven by continued robust market demand resulting from the ongoing move toward regulating (advanced driver-assistance systems) as well as the value proposition of our innovative solution, which bundles multiple applications into a single package," Mobileye CEO Ziv Aviram said in a statement.
It was the company's first earnings release since going public on Aug. 1. Mobileye's stock priced at 24 and climbed to its all-time high of 49.44 on Wednesday. Mobileye stock, though, was down as much as nearly 4% in early trading on the stock market today, near 45. In morning trading, Mobileye stock was down more than 1%, above 46.
Mobileye jumped 9% on Wednesday, after Morgan Stanley issued a report saying the stock could double. "The path to $100 (a share) does not involve heroic assumptions," analyst Ravi Shanker wrote. "If Mobileye can hold its own and just retain its current position, let alone make further inroads from here, the stock is likely to be closer to our $100 bull case."
For the year, Mobileye forecast earnings per share of 19 cents minus items on sales of $134 million, based on the midpoint of guidance. Analysts polled by Thomson Reuters were expecting 18 cents EPS on sales of $131 million.
Mobileye says it is the global leader in the development of hardware and software for camera-based advanced driver assistance systems, including automatic braking to avoid collisions. Its proprietary software algorithms and EyeQ chips perform detailed interpretations of the visual field to detect vehicles, pedestrians and obstacles.
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发表于 2014-9-7 15:05
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