MicroVision Inc reports results for the quarter ended in March - Earnings Summary

Microvision

10/05/2023 24:52

* MicroVision Inc  MVIS.OQ  reported a quarterly adjusted
loss
of 10 cents​​ per share for the quarter ended in March. The lone
analyst forecast for the quarter was for a loss of 11 cents per
share.
    * Revenue rose 123.4% to $782.00 thousand from a year ago;
analysts expected $200.00 thousand. 
    * MicroVision Inc's reported EPS for the quarter was a loss
of 11
cents​.
    * The mean earnings estimate of analysts had fallen by
about 10%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * MicroVision Inc shares had fallen by 12.7% this
quarter and
lost 0.9% so far this year.
    * The company reported a quarterly loss of $19.03 million.
    * Wall Street's median 12-month price target for MicroVision
Inc
is $5.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
9 at 11:52 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.11          -0.10          Beat
 Dec. 31 2022      -0.09          -0.08          Beat
 Sep. 30 2022      -0.08          -0.08          Met
 Jun. 30 2022      -0.07          -0.08          Missed