MVIS beat EPS expectations by 24.59%
Aug 07, 2024, 8:38 PM
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What does MVIS do
MicroVision, Inc., based in Redmond, Washington with 350 employees, develops MEMS-based laser beam scanning technology for automotive lidar sensors and ADAS solutions. The company also produces micro-display designs for AR headsets and interactive displays for smart speakers.
Microvision (MVIS) reported a positive EPS surprise in its most recent quarterly earnings. For the most recent quarter, Microvision's actual EPS was -$0.10, beating the estimate of -$0.13 per share, resulting in a 24.59% surprise.
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