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Microvision (MVIS)
NASDAQ:MVIS
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Earnings Data
Report Date
Mar 05, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
-0.08Last Year’s EPS
-0.1Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 25, 2018
|% Change Since: 38.46%
|Next Earnings Date:Jul 31, 2018
Earnings Call Sentiment|Positive
The earnings call reflects a positive outlook with strategic moves in the industrial segment and strong financial positioning through convertible note financing. Although there are challenges with automotive OEM engagements and lower-than-expected Q3 revenue, the company's focus on industrial opportunities and cash management shows promise for future growth.Company Guidance
During MicroVision's Q3 2024 earnings call, the guidance highlighted several key metrics and strategic directions. The company reported a Q3 revenue of $0.2 million, with expectations for Q4 revenue to derive from LiDAR sensor sales and NRE projects, aiming for an annual revenue of $8-10 million. The cash burn rate was reduced by 25% quarter-over-quarter, with a new annual OpEx run rate projected between $48 million and $50 million for 2025. MicroVision's balance sheet was strengthened through a $75 million convertible note facility, extending the runway into 2026. The company emphasized its focus on industrial applications to establish a recurring revenue stream, while maintaining strategic engagements with automotive OEMs. MicroVision also noted ongoing participation in seven RFQs with automotive OEMs and anticipates future high-volume opportunities. With a total liquidity of $234 million, the company aims to achieve cash flow breakeven faster than its peers, leveraging its low cash burn and diversified revenue streams.Industrial Segment Opportunities
MicroVision is focusing on industrial opportunities, aiming to establish a strong annual recurring revenue stream with integrated LiDAR hardware and perception software. Engaged with multiple potential customers and RFQs in the industrial space.
Convertible Note Financing
MicroVision secured a 2-year $75 million fixed convertible note facility with a strong financial partner, reinforcing market confidence and extending the runway into 2026.
Cash Burn and Financial Management
Significantly reduced cash burn, streamlined OpEx to $48-50 million for 2025, and improved timelines to achieve cash flow breakeven.
Revenue Expectations and Inventory Build-up
Projected $8 to $10 million revenue for the year, with Q4 revenue expected from LiDAR sensor sales and NRE projects. Inventory build-up signals preparation for fulfilling revenue commitments.
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MVIS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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MVIS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | $1.04 | $1.07 | +2.88% |
| Aug 07, 2024 | $0.83 | $0.90 | +8.43% |
| May 09, 2024 | $1.62 | $1.22 | -24.69% |
| Feb 28, 2024 | $2.15 | $2.36 | +9.77% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Microvision (MVIS) report earnings?
Microvision (MVIS) is schdueled to report earning on Mar 05, 2025, TBA Not Confirmed.
What is Microvision (MVIS) earnings time?
Microvision (MVIS) earnings time is at Mar 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MVIS EPS forecast?
MVIS EPS forecast for the fiscal quarter 2024 (Q4) is -0.08.
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