MicroVision reported its Q1 2024 results, emphasizing ongoing engagement with automotive OEMs and a strategic focus on securing near-term revenue opportunities within industrial markets and through partnerships, while maintaining fiscal discipline.
Remained confident in engagement with automotive OEMs due to positive feedback.
Actively pursuing near-term revenue opportunities in industrial markets and partnerships.
Committed to establishing itself as a leading automotive OEM supplier of lidar hardware and software solutions.
Focused on fiscal discipline amidst automotive industry headwinds.
MicroVision provided forward-looking statements regarding customer engagement, revenue opportunities, expense reduction, market position, product portfolio and capabilities and expected revenue, expenses and cash usage.
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