MicroVision Inc. (NASDAQ:MVIS) released its third-quarter earnings report after Tuesday's closing bell.
Here's a look at the details in the report.
- MVIS stock is moving. Watch the price action here.
The Details: MicroVision reported quarterly losses of five cents per share, which beat the analyst estimate for losses of seven cents.
Quarterly revenue came in at $241,000, which missed the consensus estimate of $250,000.
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“I’ve been thrilled to see the Company’s momentum and energy these past six weeks, as I stepped into my new role here at MicroVision,” said Glen DeVos, MicroVision’s CEO. “
“The Company is making great strides – processing the high level of external interest stemming from the unveiling at IAA Mobility of our next-gen short-range sensor; optimizing perception system value to automotive OEMs by disrupting norms to offer a cost-effective, integrated solution,” DeVos added.
MVIS Stock Price: According to data from Benzinga Pro, MicroVision stock was down 0.03% at $1.07 in Tuesday's extended trading.
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