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MicroVision 2Q15 earnings call +3

09:24 29-Jul-15

I've just finished listening to the earnings call from MicroVision.  For the second quarter, management reported:

• a loss of 6 cents per share, which beats by a penny.
• Revenue of $4M more than doubled average projections. 

The order backlog decreased from $18.7M at the end of March to $15M for this quarter ended in June.  Efforts with new customers continue to progress, according to management, but there wasn't much in the way of details.  555K shares were sold at the market, which is fairly modest.  All in all, a solid quarter.

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