Microvision Inc (MVIS) Reports Revenue Growth in Q4 2023 Amidst Widening Net Loss [Yahoo! Finance]
MicroVision, Inc. (MVIS)
Last microvision, inc. earnings: 3/11 04:05 pm
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Source: Yahoo! Finance
Net Loss : Q4 2023 net loss widened to $19.7 million, or $0.10 per share, compared to a net loss of $13.5 million, or $0.08 per share in Q4 2022. Operating Expenses : Research and development expenses increased to $14.6 million in Q4 2023 from $7.6 million in Q4 2022. Cash Position : Ended Q4 2023 with $73.8 million in cash and cash equivalents, down from $82.7 million at the end of 2022. Adjusted EBITDA : Adjusted EBITDA for Q4 2023 was a loss of $13.6 million, compared to a loss of $9.7 million in Q4 2022. Warning! GuruFocus has detected 5 Warning Signs with MVIS. On February 28, 2024, Microvision Inc ( NASDAQ:MVIS ) released its 8-K filing , announcing its fourth quarter and full year 2023 results. The company, known for its MEMS-based solid-state automotive lidar and ADAS solutions, reported a significant increase in revenue for the fourth quarter of 2023, amounting to $5.1 million, primarily driven by revenue related to its contract with Microsoft. This marks a notable
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MVIS
News
- MicroVision Announces $150 Million At-The-Market Equity FacilityAccesswire
- MicroVision, Inc. (NASDAQ: MVIS) had its "neutral" rating re-affirmed by analysts at Cantor Fitzgerald. They now have a $3.00 price target on the stock.MarketBeat
- MicroVision, Inc. (NASDAQ:MVIS) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- MicroVision Announces Fourth Quarter and Full Year 2023 Results [Yahoo! Finance]Yahoo! Finance
- MicroVision Announces Fourth Quarter and Full Year 2023 ResultsAccesswire
MVIS
Sec Filings
- 4/10/24 - Form 4
- 4/8/24 - Form 8-K
- 3/5/24 - Form FWP
- MVIS's page on the SEC website