NASDAQ$MBLY
Mobileye Global Inc · Q1 2023 earnings
Q1 2023 earnings · · Investor relations
Briefing
Mobileye's Q1 2023 financial results were released, showing revenue growth and a strong performance in both EyeQ® and SuperVision business lines.
Mobileye reported a strong Q1 2023 with 16% revenue growth, driven by the EyeQ® and SuperVision business lines. The company is gaining traction with its advanced product portfolio, but has reduced its 2023 SuperVision shipment forecast due to headwinds in the China EV market, which is impacting annual financial guidance.
- Revenue grew by 16% in Q1, driven by strong performance in EyeQ® and SuperVision.
- Operating Cash flow was robust at $171 million.
- Multiple SuperVision and Chauffeur programs with global automakers are approaching design win conclusion.
- 2023 SuperVision shipment forecast was reduced due to headwinds lowering EV demand in China.
Headline financials
Revenue & EPS history
Mobileye · Revenue · Quarterly
$458M
Forward guidance
Mobileye has updated its 2023 fiscal year guidance to reflect a meaningful reduction in expectations for SuperVision volumes in 2023, impacting the midpoint of annual Revenue, Operating Loss, and Adjusted Operating Income guidance.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 16 quarterly earnings reports · overlaid with Q1 2023
+0.1%
Avg return
Earnings day
+0.8%
Avg return
5 days after
+1.6%
Avg return
30 days after
53%
10 / 19 earnings
Positive
+25.4%
Q3 2024
Best reaction
-24.0%
Q2 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +10.0% | +14.6% | +28.7% | |
| Q4 2025 | -3.4% | -7.4% | -16.8% | |
| Q3 2025 | -1.7% | -6.3% | -21.9% | |
| Q1 2025 | +9.8% | +13.0% | +18.3% | |
| Q4 2024 | +1.9% | -0.6% | -1.6% | |
| Q3 2024 | +25.4% | +22.6% | +45.3% | |
| Q2 2024 | -24.0% | -25.6% | -32.0% | |
| Q1 2024 | -6.2% | -11.5% | -17.5% | |
| Q4 2023 | +2.8% | -5.0% | -14.0% | |
| Q3 2023 | +3.2% | +5.0% | +28.3% | |
| Q2 2023 | -5.9% | -5.5% | -14.4% | |
| Q1 2022 | -6.1% | -7.0% | +3.2% | |
| Q1 2023 | -12.6% | -14.6% | +4.8% | |
| Q2 2022 | -3.7% | +2.4% | -1.6% | |
| Q4 2020 | -3.7% | +2.4% | -1.6% | |
| Q4 2022 | +5.4% | +13.7% | +11.5% | |
| Q3 2022 | +3.6% | +8.4% | +3.7% | |
| Q3 2021 | +3.6% | +8.4% | +3.7% | |
| Q4 2021 | +3.6% | +8.4% | +3.7% | |
| Q2 2021 | — | — | — | |
| Q1 2021 | — | — | — | |
| Q1 2017 | — | — | — | |
| Q4 2016 | — | — | — | |
| Q3 2016 | — | — | — | |
| Q2 2016 | — | — | — | |
| Q1 2016 | — | — | — | |
| Q4 2015 | — | — | — | |
| Q3 2015 | — | — | — | |
| Q2 2015 | — | — | — | |
| Q1 2015 | — | — | — | |
| Q4 2014 | — | — | — |
Discussion
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