Workflow
Automotive perception system
icon
Search documents
MicroVision Reports Q3 Results: EPS Beat, Revenues Miss
Benzingaยท 2025-11-11 21:18
Financial Performance - MicroVision reported a quarterly loss of five cents per share, which was better than the analyst estimate of a seven-cent loss [1] - Quarterly revenue was $241,000, falling short of the consensus estimate of $250,000 [1] Company Insights - The CEO of MicroVision, Glen DeVos, expressed enthusiasm about the company's recent momentum and energy, particularly in the past six weeks since taking on the role [2] - The company is experiencing high levels of external interest following the unveiling of its next-generation short-range sensor at the IAA Mobility event [2] - MicroVision aims to optimize the value of its perception systems for automotive OEMs by providing a cost-effective, integrated solution that disrupts traditional norms [2] Stock Performance - MicroVision's stock was down 0.03% at $1.07 during extended trading on Tuesday [3]