Mobileye raises annual revenue forecast on high demand
Mobileye Global increased its annual revenue forecast today to a range of $1.94 billion to $2.02 billion. The update follows steady demand for its technology.
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MOBILEYE GLOBAL INC-A has updated its financial outlook for the year, signaling stronger expectations for its specialized automotive technology. On Thursday, the self-driving technology firm announced an upward revision to its annual revenue forecast, citing a consistent and robust demand for its advanced driver-assistance systems (ADAS).
