PLYMOUTH, Mich. and ROLLE, Switzerland, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (Nasdaq: GTX) ("Garrett" or the "Company"), a leading differentiated automotive technology provider today announced its participation in the upcoming investor conference: Bank of America Global Automotive Summit (March 18, 2026) – Craig Balis, Chief Technology Officer and our Investor Relations team will host a company presentation and participate in investor meetings. About Garrett Motion Inc.A differentiated tech ...

Group 1: Company Overview - Mobileye Global Inc. (NASDAQ:MBLY) is recognized as a promising single-digit stock by analysts, with a strong position entering 2026 due to new program wins and partnership expansions [1] - The company develops and deploys advanced driver assistance systems (ADAS) and autonomous driving technologies across various regions including the US, Europe, and China [5] Group 2: Recent Developments - Mahindra & Mahindra Ltd. has selected Mobileye's SuperVision and Surround ADAS platforms for at least six future vehicle models, with production expected to start in 2027, positioning Mobileye as a Tier 1 supplier [2] - The SuperVision system will utilize 11 cameras and optional radars powered by two EyeQ6H chips for advanced driving capabilities, while the Surround ADAS system will employ five cameras and multiple radars for hands-off highway driving [3] Group 3: Market Context - India is the third-largest automotive market globally, experiencing increased ADAS adoption driven by consumer demand and new regulatory standards like the Bharat New Car Assessment Program, which supports Mobileye's growth in this key market [4]

Seeing Machines 'harvest season has arrived' says broker Proactive uses images sourced from Shutterstock After Seeing Machines Ltd said first-half revenue is expected to fall 7.5% year on year, broker Stifel said the decline in non-recurring engineering income “doesn't make good headlines” but signals that the “harvest season has arrived”. Stifel reiterated its 10.5p target price and said investors should “make the most of the current weakness”. The fall in revenue is due to services work easing and Af ...

Core Insights - The company is experiencing accelerating automotive royalty growth, improving margins, and expects to achieve positive adjusted EBITDA in Q3 FY2026 [1][2][3] Financial Performance - Reported revenue decreased year-on-year due to timing effects, but underlying automotive momentum remains strong [2] - Automotive units on the road increased by 67% year-on-year, with annual recurring revenue reaching US$14 million [3] - Adjusted EBITDA loss has narrowed significantly, with expectations to move into positive adjusted EBITDA in the current quarter [3] Regulatory Impact - The company is six months away from the EU's General Safety Regulation (GSR) deadline, which mandates camera-based Driver Monitoring Systems (DMS) in all new EU vehicle registrations starting July 7, 2026 [2] Balance Sheet and Cash Flow - A US$14.1 million royalty receipt in January strengthened the balance sheet, with no anticipated need to raise capital [3] - The company is progressing with a receivables funding facility and refinancing process for its convertible loan note [3] Future Outlook - Investors should focus on accelerating royalty volumes, Guardian growth, and positive cash flow generation in the second half of FY26 [4]

Core Viewpoint - Smart Eye reported strong sales growth driven by the automotive sector, with net sales for the period of October to December 2025 reaching SEK 122.3 million, marking a 22% increase compared to SEK 100.3 million in the same period the previous year. Organic growth for the quarter was 26% [1] Group 1 - Net sales for Smart Eye amounted to SEK 122.3 million for the fourth quarter of 2025 [1] - This represents a 22% increase from SEK 100.3 million in the same quarter of the previous year [1] - The company achieved an organic growth rate of 26% during the quarter [1]

Group 1 - Mobileye Global Inc. is recognized as one of the top 12 mid-cap AI stocks to buy according to hedge funds, with a Buy rating and a price target of $16, indicating a potential 65% increase in stock value [1] - The company has secured an agreement with Mahindra & Mahindra to provide advanced driver assistance systems (ADAS), which will utilize the EyeQ6 High system-on-chip and multiple cameras for enhanced safety features, with production expected to start in 2027 [3] - Mobileye develops computer vision and machine learning technologies specifically for ADAS and autonomous driving solutions, and is headquartered in Jerusalem, Israel [4] Group 2 - The partnership with Mahindra positions Mobileye as a Tier 1 supplier across all of Mahindra's programs, which is expected to positively impact the company's operations in India [3]

Group 1 - Genflow Biosciences Ltd is reporting positive early results from its clinical trial on aged dogs, with all treatment groups outperforming the control in muscle mass and quality of life, and no safety issues reported [1] - KEFI Gold and Copper PLC has secured full project financing of US$340 million for the Tulu Kapi project in Ethiopia, allowing for full mobilization at the site while minimizing equity dilution [2] - Valereum PLC has partnered with RWA.io to bridge traditional finance and digital assets, focusing on creating a toolkit for easier trading of tokenized products [3] - Seeing Machines Ltd has exceeded minimum volume guarantees in Q2, with expectations of reaching cash flow breakeven soon as automotive royalties increase [3] - Arecor Therapeutics PLC is advancing its ultra-rapid-acting insulin and preparing for a major phase II study, with a cash runway extending into 2027 [4] - S&U PLC is experiencing a significant recovery in confidence, anticipating substantial growth in receivables, particularly in its Advantage motor finance business [4]

Core Insights - ECARX is experiencing a significant growth phase, with a focus on international expansion and partnerships, particularly with Volkswagen Group in Latin America, which is seen as a key milestone for the company [8][9] Financial Performance - In Q4 2025, ECARX reported a revenue of $305 million, marking a 13% year-over-year increase, and achieved a net income of $2.8 million [6][7] - The company’s operating expenses decreased by 19% year-over-year to $57 million in Q4, while full-year operating expenses fell 24% to $216 million [3] - Full-year revenue for 2025 reached $848 million, up 10% from 2024, exceeding both company guidance and market expectations [5] Product and Technology Development - ECARX shipped approximately 910,000 units in Q4, with a cumulative total of around 11 million vehicles equipped with its technologies, reflecting a 36% increase from the previous year [2] - The company showcased advanced solutions at CES, including AI cockpits and intelligent driving concepts, emphasizing hardware flexibility and consistent software experience [12] Strategic Partnerships and Market Expansion - The partnership with Volkswagen Group is pivotal, leveraging the Antora platform for various market segments and expanding into additional vehicle lines [8][9] - ECARX aims for 50% of its total revenue to come from overseas markets by 2030, indicating a strong commitment to global market penetration [9] Future Outlook - For 2026, ECARX projects total revenue between $1.0 billion and $1.1 billion, representing a year-over-year growth of 20% to 30%, while maintaining positive operating income [15] - The company expects a gross margin range of 15% to 18% for 2026, citing cost inflation pressures but also highlighting ongoing cost management efforts [15] Capital and Financing - ECARX has secured a convertible bond financing agreement of up to $150 million and raised $45.6 million from strategic partner Geely, which will support R&D and infrastructure in key growth markets [16]

Financial Data and Key Metrics Changes - The company reported a net income of $2.8 million, Adjusted EBITDA of $22 million, and operating income of $7 million, with revenue reaching a historical high of $305 million, up 13% year-over-year [5][21] - Gross profit increased to $64 million, reflecting an 11% year-over-year growth, with a gross margin of 21% [5][23] - Full year revenue for 2025 reached $848 million, a 10% increase over 2024, with sales of goods revenue at $270 million, a 27% year-over-year increase [22] Business Line Data and Key Metrics Changes - Shipments of the Antora series reached 1 million units in 2025, contributing significantly to the company's revenue growth [6][7] - The computing platform and Cloudpeak software stack powered new vehicle models, showcasing the company's technological strengths [15][16] Market Data and Key Metrics Changes - The company shipped approximately 910,000 units in Q4, bringing the cumulative total to approximately 11 million units, a 36% increase from the previous year [12][14] - The company serves 18 OEMs across 28 brands worldwide, indicating a strong global presence [12] Company Strategy and Development Direction - The company aims to drive globalization and develop broader strategic partnerships, targeting to increase international revenue share significantly by the end of the decade [9][10] - Investment in R&D for next-generation computing platforms and intelligent driving solutions is a priority, with a focus on transitioning to intelligence-centric experiences [10] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in sustaining strong and profitable momentum into 2026, despite macroeconomic challenges [5][11] - The company anticipates total revenue for 2026 to be in the range of $1 billion to $1.1 billion, representing a year-over-year increase of 20% to 30% [25] Other Important Information - The company raised nearly $200 million from partners, including GE and ATW Partners, to support global expansion and R&D efforts [10][24] - The company is operationalizing its Singapore headquarters to enhance global IP, R&D, and treasury activities [18] Q&A Session Summary Question: Can you provide more color on your 2026 guidance regarding ASP and margins? - Management expects total revenue for 2026 to be between $1 billion and $1.1 billion, with a year-over-year increase of 20% to 30%, despite challenges in the automotive market [31] Question: Can you comment on the impact of rising memory costs on margins for the year? - Management indicated that they will maintain or improve hardware gross margins through strong cost optimization strategies, with a gross margin outlook for 2026 in the range of 15% to 18% [34] Question: Can you provide an update on your latest progress with foreign OEM order wins? - The company has made significant progress with Volkswagen Group, extending partnerships and securing additional wins in Latin America, indicating a strong global expansion trajectory [39]

Fourth Quarter 2025 Financial Results February 12, 2026 Disclaimers Forward-Looking Statements This presentation contains statements that are forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements are based on management's beliefs and expectations as well as on assumptions made by and data currently available to management, appear in a number of places throughout this document and include statements regarding, amongst other things, result ...