Mobileye Global Inc. reported disappointing financial results for the fourth quarter of 2024, with revenue declining 23% year-over-year to $490 million, missing analyst expectations of $670.9 million. Adjusted earnings per share (EPS) stood at $0.13, below the estimated $0.21, while gross margin fell to 49% from 54% in the prior year. The company posted a net loss of $71 million compared to a net income of $63 million in the same quarter last year. Mobileye's full-year 2025 revenue outlook of $1.69 billion to $1.81 billion also fell short of market estimates of $1.96 billion. Additionally, Q1 2025 guidance was down 27.6% year-over-year. FY2024 diluted EPS (GAAP) was reported at $(0.09). Following the earnings release, Mobileye's shares dropped 8.1% in pre-market trading and were reported to have fallen as much as 14% in early trading. The company attributed the weak outlook to ongoing challenges, including persistent weakness in the Chinese market. Mobileye executives highlighted DeepSeek v3 and R1 as part of the company's efficiency strategy.