Category: 2.7b
-
Mobileye recognizes $2.7b goodwill loss
•
Israeli company Advanced Driving Assistance Systems (ADAS). Mobily International Company (Nasdaq: MBLY) recognized a goodwill impairment loss of $2.7 billion in the third quarter of 2024. The company explained that this is a non-cash goodwill impairment loss related to goodwill assets on its balance sheet. “This asset, which is significant…