Microvision (MVIS) Misses Q4 EPS by 3c

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Go back to Microvision (MVIS) Misses Q4 EPS by 3c

MicroVision Announces Fourth Quarter and Fiscal Year 2017 Results

February 22, 2018 4:05 PM EST

REDMOND, Wash., Feb. 22, 2018 (GLOBE NEWSWIRE) -- MicroVision, Inc. (NASDAQ: MVIS), a leader in innovative ultra-miniature projection display and sensing technology, today announced results for its fourth quarter and fiscal year ended December 31, 2017.

Revenue for the fourth quarter of 2017 was $2.6 million, in line with our January 18th pre-announcement, and compared to $2.9 million for the fourth quarter of 2016. MicroVision's net loss for the fourth quarter of 2017 was $7.9 million, or $0.10 per share, compared to a net loss of $5.4 million, or $0.09 per share for the fourth quarter of 2016.

Revenue for fiscal year 2017 was $10.9 million,... More