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MicroVision schedules 3Q17 report ?3

17:05 26-Oct-16


MicroVision plans to report its financial results for the third quarter on Wednesday, November 2nd.  The average analyst estimates calls for a loss of 7 cents per share on sales of $3.2M, with current quarter revenue rebounding slightly to $3.4M.

It's been a tough year for MVIS investors so far, but I think that the dilution I warned about is now fully priced in.  Still, I think management needs to be able to offer some fundamentally good news about new sales in order for there to be a sustainable rebound.  A rebate rate that is still in the double digits could do a lot to aid such a move, though.