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MicroVision 1Q18 results -1

MicroVision's conference call was very brief at only 20 minutes or so after the regulatory lead-in.  Here are my notes:

In short, this morning's announcement seems like the best of it, and I think we'll have to wait for further technical progress in order for the stock to benefit much more.

On 05/09/2018 04:46 PM, Esekla wrote:

MicroVision has released results for its first quarter:

  • a loss of 9 cents per share misses by a penny
  • on $2.2M in revenue, which misses by $2.1M

Most of the focus is likely to be on the new license agreement announced this morning, but I will also be curious to see if the revenue miss is a function of new accounting standards or slow technical progress.  However, with the conference call at 5pm, like all the others, it's likely to be a while before I publish any further notes.