MicroVision Third Quarter 2024 Earnings: US$0.073 loss per share (vs US$0.13 loss in 3Q 2023)

MicroVision (NASDAQ:MVIS) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$190.0k (down 82% from 3Q 2023).
• Net loss: US$15.5m (loss narrowed by 34% from 3Q 2023).
• US$0.073 loss per share (improved from US$0.13 loss in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

MicroVision Earnings Insights

Looking ahead, revenue is forecast to grow 67% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Electronic industry in the US.

Performance of the American Electronic industry.

The company's shares are up 4.9% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for MicroVision that you should be aware of.

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