Microvision (MVIS) Reports In-Line Q4 EPS

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Microvision (MVIS) Estimates Raised at Northland on Backlog, Sony Contract, Large Upfront Payment

March 11, 2015 7:25 AM EDT

Northland Capital Markets analyst Michael Latimore raised estimates on Microvision (NASDAQ: MVIS) with a large deal in hand and increasing backlog. The firm maintained an Outperform rating and price target of $3.50

Latimore commented, "Given $5.1 mil of backlog, an $8 mil upfront payment, manufacturing... More