Microvision (MVIS) Reports Q3 Loss of $0.06/sh

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MicroVision Announces Third Quarter 2021 Results

October 28, 2021 4:11 PM EDT

REDMOND, WA / ACCESSWIRE / October 28, 2021 / MicroVision, Inc. (NASDAQ: MVIS), a leader in MEMS based solid state automotive lidar and micro-display technology for augmented reality, today announced its third quarter 2021 results.

Revenue for the third quarter of 2021 was $0.7 million, compared to $0.6 million for the third quarter of 2020. MicroVision's net loss for the third quarter of 2021 was $9.4 million, or $0.06 per share, which includes $2.8 million of non-cash, share-based compensation expense, compared to a net loss of $2.8 million, or $0.02 per share, which includes $0.5 million of non-cash, share-based compensation expense, for the third quarter of 2020. Adjusted EBITDA... More