Mobileye N.V. (MBLY) Tops Q4 EPS by 1c, Sales Beat

Mobileye N.V. (NYSE: MBLY) reported Q4 EPS of $0.06, $0.01 better than the analyst estimate of $0.05. Revenue for the quarter came in at $39.7 million versus the consensus estimate of $36.37 million.

Generated $15.4 million in free cash flow

"The fourth quarter marked a strong finish to the year, driven by the continued demand for our innovative ADAS solution," stated Ziv Aviram, co-founder, president and chief executive officer of Mobileye. "During 2014, we significantly enhanced our technology leadership with the addition of new driver safety functionality on the third generation of our chipset platform, the EyeQ3. We believe we are well-positioned to maintain our momentum longer-term given the benefits from increased regulation of ADAS, the large and growing trend towards semi-autonomous and autonomous driving, as well as continued expansion from new and existing OEM and Tier-1 relationships."

For earnings history and earnings-related data on Mobileye N.V. (MBLY) click here.

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