Microvision (MVIS) Reports Q2 Loss of $0.09/sh

Microvision (NASDAQ: MVIS) reported Q2 EPS of ($0.09), versus ($0.02) reported last year. Revenue for the quarter came in at $746 thousand, versus $587 thousand reported last year.

"During the second quarter we provided potential customers, which included OEM, Tier 1 and Mobility-as-a-Service companies, with performance data from outdoor testing results and deeper evaluation of our product, technology and differentiated IP," said Sumit Sharma, MicroVision's Chief Executive Officer. "The feedback we've received from potential customers so far has been very positive. With our proprietary active scan locking architecture based on proven technologies, we believe our lidar meets and exceeds their product expectations and will be the most cost effective lidar product to address their needs. We expect our LRL product family will be available for sale, in small quantities, beginning in the fourth quarter of 2021."

For earnings history and earnings-related data on Microvision (MVIS) click here.

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