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MicroVision schedules 3Q15 call ?3

20:59 30-Oct-15


MicroVision has scheduled its third quarter report for the morning of Thursday, November 5th.  On average analysts are projecting a loss of 7 cents per share on revenue of $3.9 million.  Average expectations are for sales of $4.9 million in the final quarter of the year, which wouldn't do much to alleviate the EPS losses.

MVIS has completely missed out on the recent market rally, as investors have apparently been unimpressed by Sharp's RoBoHoN announcement.  I continue to think that MicroVision's technology may find better use in heads up displays for cars, as opposed to mobile devices, but that would probably be a lower margin business.  Without new developments, the stock is likely to continue drifting.