Microvision (MVIS) Reports Prelim Q3 Results, Provides Business Update

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MicroVision Announces Preliminary Third Quarter 2024 Results and Business Update

October 15, 2024 6:21 AM EDT

REDMOND, WA / ACCESSWIRE / October 15, 2024 / MicroVision, Inc. (NASDAQ: MVIS), a leader in MEMS-based solid-state automotive lidar and ADAS solutions, today announced its preliminary unaudited third quarter 2024 results.

Key Business Highlights for the Third Quarter of 2024

Actively engaged with top-tier global automotive OEMs, with seven high-volume RFQs for passenger vehicles and custom development opportunities.

Actively engaged with multiple potential leading industrial customers for the opportunity to provide an integrated lidar hardware and software solution in the heavy equipment vertical.

Sequential improvement in cash... More