Mobileye Discloses Second Quarter 2023 Results, Updates Guidance and Provides Business Update

(unaudited)

 

Three Months Ended

 

Six Months Ended

U.S. dollars in millions

July 1, 2023

 

July 2, 2022

 

July 1, 2023

 

July 2, 2022

 

Amount

% of Revenue

 

Amount

% of Revenue

 

Amount

% of Revenue

 

Amount

% of Revenue

Operating Income (Loss)

$

(33)

(7%)

 

$

10

2%

 

$

(114)

(13%)

 

$

(36)

(4%)

Add: Amortization of acquired intangible assets

 

118

26%

 

 

133

29%

 

 

251

28%

 

 

282

33%

Add: Share-based compensation expense

 

55

12%

 

 

36

8%

 

 

127

14%

 

 

76

9%

Add: Expenses related to the IPO

 

—%

 

 

3

1%

 

 

—%

 

 

3

—%

Adjusted Operating Income

$

140

31%

 

$

182

40%

 

$

264

29%

 

$

325

38%


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