MicroVision Inc reports results for the quarter ended June 30 - Earnings Summary

• MicroVision Inc MVIS.OQ reported a quarterly adjusted loss of 7 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -10 cents. The mean expectation of two analysts for the quarter was for a loss of 6 cents per share.

• Revenue fell 91.8% to $155.00 thousand from a year ago; analysts expected $500.00 thousand.

• MicroVision Inc's reported EPS for the quarter was a loss of 6 cents​.

• The company reported a quarterly loss of $14.23 million.

• MicroVision Inc shares had fallen by 3.5% this quarter and lost 16.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the electronic equipment & parts peer group is also "buy"

• Wall Street's median 12-month price target for MicroVision Inc is $2.25, about 50.2% above its last closing price of $1.12

This summary was machine generated from LSEG data August 8 at 04:31 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)