NASDAQ$MVIS

MicroVision Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Second quarter 2021 results announced with increased revenue and a net loss.

MicroVision reported a revenue of $0.7 million for Q2 2021, a slight increase compared to $0.6 million in Q2 2020. The company's net loss was $15.0 million, or $0.09 per share, which included $7.9 million of non-cash compensation expense. The company ended the quarter with $135.3 million in cash and cash equivalents.

  • Revenue for the second quarter of 2021 was $0.7 million, compared to $0.6 million for the second quarter of 2020.
  • Net loss for the second quarter of 2021 was $15.0 million, or $0.09 per share, including $7.9 million of non-cash compensation expense.
  • Cash used in operations in the second quarter of 2021 was $6.7 million.
  • The Company ended the second quarter of 2021 with $135.3 million in cash and cash equivalents.

Headline financials

Total Revenue

$746K

Previous: $587K+27.1%
EPS (adj)

-$0.09

Previous: -$0.02-350.0%
Capital Expenditures

-$1.88M

Previous: -$94K-1904.3%
Free Cash Flow

-$16.8M

Previous: -$2.4M-602.5%
Net Income

-$15M

Previous: -$2.3M-549.4%
Operating Income

-$15M

Previous: -$2.3M-550.5%
Gross Profit

$777K

Previous: $588K+32.1%
Cash & Equivalents

$135M

Previous: $7.81M+1633.4%
Total Assets

$140M

Previous: $11.5M+1120.4%
Stock-Based Comp

$7.9M

Previous: $200K+3848.5%

Revenue & EPS history

MicroVision · Revenue · Quarterly

$746K

Q2 2021+27.1%vs Q2 2020
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Revenue by segment

MicroVision · $935K total across 2 segments · Q1 2026

  • Product Revenue
    $909K
  • License and Royalty
    $26K

Forward guidance

The Company expects its LRL product family will be available for sale, in small quantities, beginning in the fourth quarter of 2021.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2021

Historical avgQ2 2021

-4.0%

Avg return

Earnings day

-4.4%

Avg return

5 days after

+0.9%

Avg return

30 days after

37%

24 / 65 earnings

Positive

+21.7%

Q4 2020

Best reaction

-31.9%

Q1 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-6.7%-2.2%-39.4%
Q4 2025-29.5%-28.2%-17.9%
Q3 2025-11.3%-14.0%-12.1%
Q2 2025-0.9%+1.8%-0.9%
Q1 2025+0.9%-2.7%+12.5%
Q4 2024-6.5%-14.4%-12.9%
Q3 2024-0.9%-8.3%-17.6%
Q2 2024-3.0%-8.6%+5.4%
Q1 2024-24.7%-13.6%-34.0%
Q4 2023+5.8%+0.0%-17.5%
Q3 2023-1.0%+6.5%+27.4%
Q2 2023-12.5%-13.9%-27.6%
Q1 2023+1.7%+8.6%+228.3%
Q4 2022-6.0%-0.4%+2.8%
Q3 2022-3.8%-2.4%-18.9%
Q2 2022+12.9%+10.3%+8.6%
Q1 2022+5.4%+21.1%+24.4%
Q4 2021+16.7%+38.5%+30.8%
Q3 2021-8.0%+4.8%-15.2%
Q2 2021+10.3%+27.5%+19.2%
Q1 2021-27.3%-26.6%-25.7%
Q4 2020+21.7%+17.3%-0.9%
Q3 2020-28.2%-23.7%-4.6%
Q2 2020-25.6%-40.2%-41.7%
Q1 2020-31.9%-18.6%-9.7%
Q4 2019-16.7%-29.2%-12.5%
Q3 2019+5.6%+2.8%+5.6%
Q2 2019-7.4%-13.6%-7.4%
Q1 2019-15.1%-19.3%-30.3%
Q4 2018-7.7%+2.6%-18.8%
Q3 2018-4.7%-4.7%-12.1%
Q2 2018+7.6%+5.4%+15.2%
Q1 2018+0.0%+5.9%-4.4%
Q4 2017-9.8%-6.5%-8.9%
Q3 2017-29.0%-28.5%-26.2%
Q2 2017+6.9%+6.5%-0.4%
Q1 2017-17.3%-20.2%-22.8%
Q4 2016+4.3%+2.5%+37.0%
Q3 2016+11.7%+18.1%+71.3%
Q2 2016-10.9%-15.4%-13.1%
Q1 2016+16.3%
Q4 2015-11.9%
Q3 2015-8.6%
Q2 2015-10.1%
Q1 2015-4.5%
Q4 2014+7.9%
Q3 2014+1.7%
Q2 2014+3.8%
Q1 2014+1.3%
Q4 2013+0.5%
Q3 2013-6.9%
Q2 2013-3.5%
Q1 2013+4.7%
Q4 2012-2.9%
Q3 2012-1.3%
Q2 2012-1.0%
Q1 2012+1.2%
Q4 2011-9.8%
Q3 2011+0.0%
Q2 2011+3.8%
Q1 2011+1.5%
Q4 2010-3.2%
Q3 2010-2.9%
Q2 2010-4.2%
Q1 2010+5.8%

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