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0.010184420589045 -0.0222956234516927 -0.0740434902284613 -0.0679878887971373 -0.0655105973025047 -0.0448665015139002 -0.150013762730526 -0.163776493256262
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MicroVision Announces First Quarter 2021 Results

MicroVision, Inc. (MVIS) 
Last microvision, inc. earnings: 3/11 04:05 pm Check Earnings Report
Company Research Source: GlobeNewswire
REDMOND, Wash., April 29, 2021 (GLOBE NEWSWIRE) -- MicroVision, Inc. (NASDAQ: MVIS), a leader in MEMS based solid state automotive lidar and micro-display technology for augmented reality, today announced its first quarter 2021 results. Revenue for the first quarter of 2021 was $0.5 million, compared to $1.5 million for the first quarter of 2020. MicroVision's net loss for the first quarter of 2021 was $6.2 million, or $0.04 per share, compared to a net loss of $4.9 million, or $0.04 per share for the first quarter of 2020. The Company ended the first quarter of 2021 with $75.3 million in cash and cash equivalents, compared to $16.9 million at the end of the fourth quarter of 2020. “We remain on track in advancing our automotive lidar development program as the Company completed its A-Sample lidar hardware and development platform on schedule,” said Sumit Sharma, Chief Executive Officer of MicroVision. “We are prepared and plan to share key performance data with potential customer Show less Read more
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