Microvision Inc. logo

MVIS

Microvision Inc.

$5.1

Earnings Summary

Revenue
$0.31Mn
Net Profits
$-13.6Mn
Net Profit Margins
-4330.25%

Highlights

Revenue:

Microvision Inc.’s revenue fell -57.91% since last year same period to $0.31Mn in the Q2 2022. On a quarterly growth basis, Microvision Inc. has generated -10.29% fall in its revenue since last 3-months.

Net Profits:

Microvision Inc.’s net profit jumped 9.12% since last year same period to $-13.6Mn in the Q2 2022. On a quarterly growth basis, Microvision Inc. has generated -3.26% fall in its net profits since last 3-months.

Net Profit Margins:

Microvision Inc.’s net profit margin fell -115.9% since last year same period to -4330.25% in the Q2 2022. On a quarterly growth basis, Microvision Inc. has generated -15.1% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Microvision Inc. post its latest quarter earnings

EPS Estimate Current Quarter
-0.09
EPS Estimate Current Year
-0.09

Highlights

EPS Estimate Current Quarter:

Microvision Inc.’s earning per share (EPS) estimates for the current quarter stand at -0.09 - a -28.57% fall from last quarter’s estimates.

EPS Estimate Current Year:

Microvision Inc.’s earning per share (EPS) estimates for the current year stand at -0.09.

Key Ratios

Key ratios of the Microvision Inc. post its Q2 2022 earnings

Earning Per Share (EPS)
-0.08
Return on Assets (ROA)
-0.25
Return on Equity (ROE)
-0.44
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Microvision Inc.’s earning per share (EPS) jumped 11.11% since last year same period to -0.08 in the Q2 2022. This indicates that the Microvision Inc. has generated 11.11% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Microvision Inc.’s return on assets (ROA) stands at -0.25.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Microvision Inc.’s return on equity (ROE) stands at -0.44.

Dividend Per Share (DPS):

Microvision Inc. declared 0 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-04-29
-0.07
-0.08
-14.29%
2022-07-29
-0.07
-0.08
-14.29%

Company Information

MicroVision Inc. is a pioneering company in MEMS based laser beam scanning technology that integrates MEMS, lasers, optics, hardware, algorithms and machine learning software into its proprietary technology to address existing and emerging markets. The Company's integrated approach uses its proprietary technology to provide solutions for automotive lidar sensors, augmented reality micro-display engines, interactive display modules and consumer lidar modules.

Organisation
Microvision Inc.
Headquarters
Redmond, Washington, US
Employees
52
Industry
Electronic Technology
CEO
Sumit Sharma