secwatch.observer — SEC 8-K summary
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Issuer:     Mobileye Global Inc. (MBLY)
CIK:        0001910139
Form:       8-K
Filed at:   2024-10-31T23:59:59+00:00
Accession:  0001104659-24-112838
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mobileye Q3 revenue down 8% to $486M; GAAP EPS ($3.35) on $2.6B goodwill impairment; adjusted EPS $0.10
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- Revenue $486M (-8% YoY); full-year 2024 revenue guidance midpoint unchanged.
- GAAP diluted EPS ($3.35) from $2.6B goodwill impairment triggered by market cap decline.
- Adjusted diluted EPS $0.10, down 57% YoY from $0.22.
- Top-10 customers represent >80% volume; design wins extend through early 2030s.
- Wind-down of FMCW Lidar; expects adjusted opex at/below Q3 level in 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1910139/000110465924112838/0001104659-24-112838-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1910139/000110465924112838/tm2426307d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-112838

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer