MicroVision 2Q15 earnings call +3
09:24 29-Jul-15
I've just finished listening to the earnings call from MicroVision.
For the second quarter, management
reported:
- a loss of 6 cents per share, which beats
by a penny.
- Revenue of $4M more than doubled
average projections.
The order backlog decreased from $18.7M at the end of March to $15M
for this quarter ended in June. Efforts with new customers continue
to progress, according to management, but there wasn't much in the
way of details. 555K shares were sold at the market, which is
fairly modest. All in all, a solid quarter.
CrowdWisers™