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Jun 30, 2023
MicroVision Q2 2023 Earnings Report
Second quarter 2023 results announced; revenue was $0.3 million and net loss was $20.6 million.
Key Takeaways
MicroVision reported flat revenue of $0.3 million compared to the second quarter of 2022. The net loss for the quarter was $20.6 million, or $0.12 per share.
Revenue for the second quarter of 2023 was $0.3 million, flat as compared to the second quarter of 2022.
Net loss for the second quarter of 2023 was $20.6 million, or $0.12 per share.
Adjusted Gross Profit for the second quarter of 2023 was $0.0 million, compared to $0.3 million for the second quarter of 2022.
The Company ended the second quarter of 2023 with $93.9 million in cash and cash equivalents including investment securities, compared to $82.7 million at December 31, 2022.