Israel's Mobileye's two-fold profit jump serves silver lining for investors
The company, which counts Volkswagen and Porsche among its customers, also reported operating income of $73 million in the fourth quarter, up from $24 million a year earlier.
Professor Amnon Shashua, president and chief executive officer of Mobileye, speaks with Intel CEO Pat Gelsinger before ringing the opening bell for Mobileye Global Inc, at Times Square in New York City, U.S., October 26, 2022.(photo credit: REUTERS/SHANNON STAPLETON)ByREUTERS
