Microvision (MVIS) Reports Q2 Loss of $0.02/sh

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MicroVision Announces Second Quarter 2020 Results

August 5, 2020 4:15 PM EDT

REDMOND, Wash., Aug. 05, 2020 (GLOBE NEWSWIRE) -- MicroVision, Inc. (NASDAQ: MVIS), a leader in innovative ultra-miniature projection display and sensing technology, today announced its second quarter 2020 results.

Revenue for the second quarter of 2020 was $0.6 million, compared to $1.2 million for the second quarter of 2019. MicroVision's net loss for the second quarter of 2020 was $2.3 million, or $0.02 per share, compared to a net loss of $9.0 million, or $0.08 per share for the second quarter of 2019. The Company ended the second quarter of 2020 with $7.8 million in cash and cash equivalents, compared to $5.8 million at the end... More