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Dec 31, 2022
MicroVision Q4 2022 Earnings Report
MicroVision reported fourth quarter and full year 2022 results, highlighted by strategic capital deployment and the integration of MAVIN™ DR with perception software.
Key Takeaways
MicroVision announced its fourth quarter and full year 2022 results, with a focus on its expanded product portfolio and strategic capital deployment. The company's revenue for the quarter was $0, and the net loss was $13.5 million. They ended the quarter with $82.7 million in cash and cash equivalents.
Revenue for the fourth quarter of 2022 was $0, compared to $0.6 million for the fourth quarter of 2021.
Net loss for the fourth quarter of 2022 was $13.5 million, or $0.08 per share.
Adjusted EBITDA for the fourth quarter of 2022 was a $9.7 million loss.
The Company ended the fourth quarter of 2022 with $82.7 million in cash and cash equivalents.
Forward Guidance
MicroVision expects to accelerate its 2023 revenue in the range of $10-15 million from its expanded product suite.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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