|
Three Months Ended |
|
Six Months Ended |
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U.S. dollars in millions |
July 1, 2023 |
|
July 2, 2022 |
|
July 1, 2023 |
|
July 2, 2022 |
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|
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% |
|
Mobileye Discloses Second Quarter 2023 Results, Updates Guidance and Provides Business Update
(unaudited)
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