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MicroVision 2Q18 results -3
16:50 31-Jul-18
MicroVision has reported on its second quarter:
- a loss of 10 cents per share misses by a penny
- on $2.0M in revenue, which misses by $700K
Management says that a product launch from its tier-1 customer
should occur in 2019. We'll see what happens with license fee
recognition on the display contract, but I'm expecting that the
year to come also holds a reverse split and further stock price
deterioration, much as has happened with SCON. I'll only report
again if I hear something that changes that outlook.