MicroVision (MVIS) Set to Announce Quarterly Earnings on Thursday

MicroVision (NASDAQ:MVIS) will post its quarterly earnings results after the market closes on Thursday, November 7th.

MicroVision (NASDAQ:MVIS) last posted its quarterly earnings data on Wednesday, August 7th. The electronics maker reported ($0.11) EPS for the quarter. MicroVision had a negative return on equity of 101.97% and a negative net margin of 1,037.86%. The firm had revenue of $1.90 million for the quarter.

MicroVision Stock Up 1.0 %

MVIS stock opened at $1.02 on Friday. The firm’s fifty day simple moving average is $1.09 and its two-hundred day simple moving average is $1.13. The stock has a market capitalization of $221.27 million, a price-to-earnings ratio of -2.22 and a beta of 3.03. MicroVision has a twelve month low of $0.83 and a twelve month high of $2.98.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Cantor Fitzgerald reissued a “neutral” rating and issued a $3.00 price objective on shares of MicroVision in a research report on Monday, July 22nd. Westpark Capital reiterated a “hold” rating on shares of MicroVision in a report on Wednesday, August 7th.

About MicroVision

MicroVision, Inc develops and sells lidar sensors and software used in automotive safety and autonomous driving applications. It offers a suite of light detection and ranging (lidar) sensors and perception; and validation software for automotive OEMs, advanced driver-assistance systems, and autonomous vehicle applications, as well as non-automotive applications including industrial, robotics, and smart infrastructure.