=Mobileye (MBLY) reported earnings on Tue 26 Jul 2016 (b/o)

Mobileye N.V. beats by $0.02, beats on revs; guides on call:

• Reports Q2 (Jun) earnings of $0.17 per share, excluding non-recurring items, $0.02 better than the Capital IQ Consensus of $0.15; revenues rose 58.1% year/year to $83.5 mln vs the $76.98 mln Capital IQ Consensus. Within total revenue, original equipment manufacturing (:OEM) revenue was $64.4 million, compared to $43.6 million in the prior-year period.
• EyeQ chip volume increased 45.4% year-over-year to 1,409 thousand EyeQ units, compared to 969 thousand units in the prior-year period. The EyeQ Average Selling Price (:ASP) per unit for the second quarter of 2016 was $44.5, up from $43.7 during the same period last year. After market (AM) revenue contributed the remaining $19.1 million of total revenue for the second quarter of 2016 compared to $9.2 million in the prior-year period.
• "In addition to winning new ADAS programs and new Tier-1 partnerships, we have begun an expansion of our value proposition by creating partnerships with automakers and others in order to bring fully autonomous driving to volume production within the next five years. The BMW/Intel/Mobileye partnership is the first significant collaboration of this type and we anticipate others. Overall, we believe we have made important progress in advancing our strategy of securing a significant, long-term presence in all levels of autonomous driving."