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Jun 30, 2024
MicroVision Q2 2024 Earnings Report
Announced second quarter 2024 results, highlighting continued engagement in RFQs with automotive OEMs and a focus on near-term revenue opportunities in non-automotive markets.
Key Takeaways
MicroVision announced its second quarter 2024 results, noting continued engagement in RFQs with automotive OEMs and an increased interest in pre-RFQ collaboration. The company is focusing on near-term revenue opportunities in non-automotive markets and has reduced operating expenses to extend its financial runway.
Continued engagement in RFQs with automotive OEMs.
Increased interest in pre-RFQ collaboration and development work.
Reduced operating expenses to extend financial runway.
Focused on near-term revenue opportunities in non-automotive markets.
Forward Guidance
The company expects to continue to incur expenses similar to the non-GAAP adjustments described above, and exclusion of these items from its non-GAAP financial measures should not be construed as an inference that these costs are unusual or infrequent.
Historical Earnings Impact
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