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Stock impact report

MicroVision Announces Fourth Quarter and Full Year 2023 Results [Yahoo! Finance]

MicroVision, Inc. (MVIS) 
Last microvision, inc. earnings: 3/11 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
"We are very pleased with what our global team accomplished in 2023. We are now actively engaged in nine automotive RFQs, including some of the largest global OEMs, with a key focus on passenger vehicles with our MAVIN and MOVIA products," said Sumit Sharma, MicroVision's Chief Executive Officer. "The maturity of our products and our several decades of operating history continue to be a clear differentiator for MicroVision and position us well in the marketplace to win." "Our diversified hardware and software portfolio makes us one of the only lidar companies to have multiple technology nodes. In addition, our near-term strategic focus includes securing revenue streams from non-automotive applications to provide opportunities to scale our business and reach volumes that will allow us to accelerate improvement of our gross margins," concluded Sharma. Key Financial Highlights for Q4 2023 and Full Year 2023 Revenue for the fourth quarter of 2023 was $5.1 million, compared to zero Show less Read more
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