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Sep 30, 2021
MicroVision Q3 2021 Earnings Report
Reported a slight increase in revenue compared to the same quarter last year, but experienced a larger net loss.
Key Takeaways
MicroVision reported Q3 2021 revenue of $0.7 million, a slight increase from $0.6 million in Q3 2020. The company's net loss for the quarter was $9.4 million, or $0.06 per share, compared to a net loss of $2.8 million, or $0.02 per share, in the same period last year. The company ended the quarter with $125.1 million in cash and cash equivalents.
Q3 2021 revenue was $0.7 million, compared to $0.6 million in Q3 2020.
Net loss for Q3 2021 was $9.4 million, or $0.06 per share, compared to a net loss of $2.8 million, or $0.02 per share, for Q3 2020.
Adjusted EBITDA for Q3 2021 was negative $6.2 million, compared to negative $2.1 million in Q3 2020.
The Company ended the third quarter of 2021 with $125.1 million in cash and cash equivalents, compared to $16.9 million at the end of the fourth quarter of 2020.
Forward Guidance
MicroVision did not provide specific financial guidance in the Q3 2021 earnings report.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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