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Mobility Global Shares Climb Nearly 12% After Q3 Results

Revenue reached $478 million, up 7.4% from a year earlier, while non-GAAP EPS was $0.40.

A brushed metal market bar rises beside an automotive sensor / TokenPost.ai
A brushed metal market bar rises beside an automotive sensor / TokenPost.ai

Mobility Global, Inc. (MBGL) shares climbed nearly 12% Thursday after the automotive data company posted third-quarter revenue of $478 million, up 7.4% from a year earlier.

Non-GAAP earnings per share were $0.40. In midmorning trading Thursday, shares were up $2.32 at $22.24.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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