MicroVision

MicroVision, Inc. engages in the development of laser beam scanning technology. It integrates micro-electrical mechanical systems (MEMS), lasers, optics, hardware, algorithms and machine learning software into its proprietary technology to address existing and emerging markets. It uses its technology to develop automotive lidar sensors and provide solutions for advanced driver-assisted systems (ADAS). In addition to the automotive lidar sensor, the company has developed micro-display concepts and designs that could be utilized in head-mounted Augmented Reality (AR) headsets and a 1440i MEMS module that can support augmented reality headsets. It has also developed a display solution targeted at the smart speakers market, called an Interactive Display module. This display is designed to project onto a countertop, tabletop or a wall from inside a smart speaker. The user can then touch the projected image on any surface on which the display is visible and it will behave like a touchscreen, as on a tablet or smartphone. The company was founded in May 1993 and is headquartered in Redmond, WA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

MicroVision projects strong revenue growth in 2023 amid strategic partnerships

MicroVision's Q4 2022 earnings call highlighted robust revenue expectations, strategic product positioning, and a focus on financial discipline. The company faces challenges in stabilizing recent acquisitions, managing cash burn, and competing effectively in a dynamic market. However, opportunities for growth through OEM partnerships, revenue diversification, and technological advancements position MicroVision for a promising future.

MicroVision reports solid Q1 revenue, faces industry challenges and growth opportunities

MicroVision's Q1 2023 earnings call highlighted strong revenue performance, strategic sales focus, and financial discipline.
The company faces challenges in navigating recent acquisitions, market potential, and industry developments.
Opportunities lie in product portfolio expansion, market growth, and strategic capital deployment for sustainable success.

MicroVision reports Q2 revenues, eyes growth with OEM partnerships

MicroVision's Q2 performance saw lower revenues but anticipates growth in Q3, supported by a strong cash position and cost management strategies.
The company's strengths lie in strategic partnerships, product differentiation, and focus on perception technology, while facing challenges in revenue generation and cost competitiveness.
Opportunities for MicroVision include RFQ wins, engaging with OEMs for development, and potential strategic M&A, all aimed at driving growth and market presence.

MicroVision reports strong Q3 performance, eyes OEM partnerships for growth

MicroVision's Q3 2023 performance showcased revenue growth, strong margins, and healthy liquidity, supporting operations through 2024.
The company's strengths lie in securing nominations with OEMs, dynamic view lidar technology, and sustainable business strategies.
Challenges include meeting detailed financial diligence, balancing sales strategies, and negotiating profitable OEM contracts.
Opportunities for MicroVision include revenue growth in Q4, securing OEM contracts, and scaling production efficiently.

MicroVision reports strong Q4 earnings, eyes automotive lidar growth

MicroVision's strong financial performance in Q4 2023 and strategic focus on automotive lidar technology position the company for growth.
While facing challenges in capital raising and market dynamics, the company's strengths in technology and partnerships offer resilience.
Opportunities in securing RFQs, nomination projects, and expanding ADAS solutions present avenues for revenue growth and market leadership.
Balancing performance, strengths, challenges, and opportunities will be crucial for MicroVision's success in the competitive lidar industry.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

MicroVision, Inc. engages in the development of laser beam scanning technology. The company integrates micro-electrical mechanical systems (MEMS), lasers, optics, hardware, algorithms and machine learning software into its proprietary technology to address existing and emerging markets. It also develops automotive lidar sensors and provide solutions for advanced driver-assistance systems (ADAS), autonomous vehicles, and non-automotive applications. The company was founded in May 1993 and is headquartered in Redmond, WA.

MicroVision (NASDAQ: MVIS ) withdrew its $75 million stock offering after investors rejected it by selling MVIS stock. Following the reversal, shares rose almost 20% overnight.

MVIS Stock Alert: MicroVision Withdraws Stock Offering

MicroVision (NASDAQ:MVIS) said it is withdrawing a proposed public offering of its stock due to market volatility that had sent its shares into a tailspin, helping its shares higher in pre-market trade on Thursday. The scanning technology company's stock sank 28% on Wednesday after the company announced it planned to sell shares worth $75 million, subject to market and other conditions.

MicroVision set to recover after pulling $75M public offering

Lyell Immunopharma

Ammo

It was another wild ride in the stock market today. Whether you were trading penny stocks or Tesla, the thing weighing on everyone's conscience was the outcome of the June Fed meeting.

3 Red Hot Penny Stocks To Watch Before Next Week, Time To Buy?

REDMOND, WA / ACCESSWIRE / June 14, 2023 / MicroVision, Inc. (NASDAQ:MVIS), a leader in MEMS-based solid-state automotive lidar technology and ADAS solutions, today announced that, due to market volatility, it has withdrawn its proposed public offering of shares of its common stock. "In the interest of achieving the best value for our shareholders, we have decided to withdraw our previously announced public offering of common stock," said Sumit Sharma, Chief Executive Officer.

MicroVision Announces Withdrawal of Public Offering of Common Stock

Logitech

Logitech shares fell sharply on the surprise announcement that its CEO is leaving the company. MicroVision took advantage of a share-price surge to raise capital through a stock offering.

These 2 Small Nasdaq Tech Stocks Punished Investors Wednesday

The two-month chart for MicroVision (NASDAQ: MVIS ) is rather incredible to digest. In early May, shares of MVIS stock traded at less than $2 per share.

MVIS Stock: There Are No MicroVision Shares Available to Short

Management announced plans for a secondary stock offering. The company posted a net loss in the first quarter.

Why MicroVision Stock Slumped on Wednesday

MicroVision (NASDAQ: MVIS ) stock fell hard overnight after it announced a $75 million common stock offering. Underwriters have an option of buying up to $11.75 million more shares in the offering statement.

MVIS Stock Alert: Why Is MicroVision Falling 15% Today?

REDMOND, WA / ACCESSWIRE / June 13, 2023 / MicroVision, Inc. (Nasdaq:MVIS), a leader in MEMS-based solid-state automotive lidar technology and ADAS solutions, today announced that it intends to offer and sell, subject to market and other conditions, shares of its common stock in an underwritten $75.0 million public offering. UBS Investment Bank is acting as the lead book-running manager for the proposed offering.

MicroVision Announces Proposed Public Offering of Common Stock

MicroVision stock has seen explosive gains thanks to a short squeeze. Chasing profits on a continued rally looks very risky at this point.

Why MicroVision Stock Is Skyrocketing Again This Week

MicroVision (NASDAQ: MVIS ) stock has jumped another 42% this week as retail investors continue to pump the stock on social media. MVIS stock is now up 200% since the beginning of 2023.

MicroVision Stock (MVIS): AI Revolution or Another Meme Bubble?

One of the more intriguing pick-and-shovel plays in the autonomous driving (AD) sector, MicroVision (NASDAQ: MVIS ) has remained a volatile stock in recent years. Indeed, the peaks and valleys shown on a MVIS stock chart are rather incredible, looking more like a roller coaster ride than anything else.

5 Investors Betting Big on MicroVision (MVIS) Stock

Over the last five weeks, MicroVision NASDAQ: MVIS stock is up almost 300%, marching in an almost straight line upwards, with only two red days since the rally started.

Will MicroVision Maintain Its Momentum After the Short Squeeze?

Shares of Microvision (NASDAQ: MVIS ) opened higher by about 5% on no company-specific news. A quick scan of the company's filings and press releases shows no recent updates.

The Cost to Borrow MicroVision (MVIS) Stock Is Surging

MicroVision, Inc MVIS surged over 15% at one point Wednesday morning after closing Tuesday's session up 30.39%, possibly as a result of a short squeeze.

MicroVision Stock Continues To Spike Higher: Why A Retracement Is On The Horizon - Microvision (NASDAQ:MVIS)

MicroVision (NASDAQ: MVIS ) stock is trending on social media, and its shares climbed 6% in early trading before falling flat at the time of publication. That comes after the name soared 30% yesterday.

Is a Giant Short Squeeze Brewing in MicroVision (MVIS) Stock?

High-performance lidar sensor company MicroVision (NASDAQ: MVIS ) currently has zero available short shares based on Fintel's sample brokerage. According to Fintel, available short shares of MVIS stock at its anonymous “leading prime brokerage” depleted this morning.

MVIS Stock Alert: There Are No MicroVision Shares Available to Short

MicroVision develops lidar hardware and software solutions focused primarily on automotive lidar and advanced driver-assistance systems markets. Among the assumptions that I made for the next ten years, there is the successful launch of custom ASIC to support automotive sales.

MicroVision: Recent Guidance, Smart Infrastructure, And Robotics Could Imply Undervaluation

The biggest short squeeze of the season may already be upon us. MicroVision (NASDAQ: MVIS ) stock began the month trading at less than $2 per share.

MVIS Stock Alert: Is MicroVision About to Pop in a Short Squeeze?

MicroVision, Inc. (NASDAQ:MVIS ) Q1 2023 Earnings Conference Call May 9, 2023 5:00 PM ET Company Participants Drew Markham – General Counsel Sumit Sharma – Chief Executive Officer Anubhav Verma – Chief Financial Officer Conference Call Participants Operator Good day, and welcome to the MicroVision First Quarter 2023 Financial and Operating Results Conference call. At this time, all participants are in a listen-only mode.

MicroVision, Inc. (MVIS) Q1 2023 Earnings Call Transcript

REDMOND, WA / ACCESSWIRE / May 9, 2023 / MicroVision, Inc. (NASDAQ:MVIS), a leader in MEMS-based solid-state automotive lidar and ADAS solutions, today announced its first quarter 2023 results. "Following the closing in January of our acquisition of assets from Ibeo Automotive Systems GmbH, we are energized by the strength of our combined team, accelerated engagement with multiple OEMs, and positive financial performance in Q1 2023.

MicroVision Announces First Quarter 2023 Results

REDMOND, WA / ACCESSWIRE / May 3, 2023 / MicroVision, Inc. (NASDAQ:MVIS), a leader in MEMS-based solid-state automotive lidar and advanced driver-assistance systems (ADAS) solutions, today announced that leading independent proxy advisory firms Institutional Shareholder Services Inc. ("ISS") and Glass Lewis & Co. ("Glass Lewis") have each recommended that MicroVision shareholders vote "FOR" the Company's proposals at its Annual Meeting of Shareholders to be held on May 17, 2023 at 9:00 am PT (the "Annual Meeting"). At the Annual Meeting, shareholders will be asked to elect seven director nominees, approve an amendment to the Company's certificate of incorporation increasing MicroVision's authorized shares of common stock from 210 million shares to 310 million shares, provide two advisory votes related to executive compensation, and ratify the appointment of auditors for the current fiscal year.

Independent Proxy Advisory Firms ISS & Glass Lewis Recommend MicroVision Shareholders Vote FOR Proposals at Upcoming Annual Meeting of Shareholders

REDMOND, WA / ACCESSWIRE / May 2, 2023 / MicroVision, Inc. (NASDAQ:MVIS), a leader in MEMS-based solid-state automotive lidar and advanced driver-assistance systems (ADAS) solutions, today announced that it will report its first quarter 2023 results on Tuesday, May 9, 2023 after the market close. The Company will subsequently hold a conference call and webcast, consisting of prepared remarks by management, a slide presentation, and a question-and-answer session at 2:00 PM PT/5:00 PM ET on Tuesday, May 9, 2023 to discuss the financial results and provide a business update.

MicroVision to Announce First Quarter 2023 Results on May 9, 2023

REDMON, WA / ACCESSWIRE / April 14, 2023 / MicroVision, Inc. (NASDAQ:MVIS), a leader in MEMS-based solid-state automotive lidar and advanced driver-assistance systems (ADAS) solutions, today announced the Company's Retail Investor Day Town Hall Session is available for replay HERE. The Town Hall Session included questions-and-answers.

MicroVision Retail Investor Day Town Hall Session Available For Replay

REDMOND, WA / ACCESSWIRE / April 5, 2023 / MicroVision, Inc. (NASDAQ:MVIS), a leader in MEMS-based solid-state automotive lidar and advanced driver-assistance systems (ADAS) solutions, today announced the launch of its solid-state flash-based MOVIA lidar sensor. The small form factor and light weight of the MOVIA sensor make it appealing for a wide variety of industrial applications, such as agriculture, logistics, mining, and nautical applications.

News for MicroVision Stock (MVIS)