NASDAQ$MVIS

MicroVision Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Reported a slight increase in revenue compared to the same quarter last year, but experienced a larger net loss.

MicroVision reported Q3 2021 revenue of $0.7 million, a slight increase from $0.6 million in Q3 2020. The company's net loss for the quarter was $9.4 million, or $0.06 per share, compared to a net loss of $2.8 million, or $0.02 per share, in the same period last year. The company ended the quarter with $125.1 million in cash and cash equivalents.

  • Q3 2021 revenue was $0.7 million, compared to $0.6 million in Q3 2020.
  • Net loss for Q3 2021 was $9.4 million, or $0.06 per share, compared to a net loss of $2.8 million, or $0.02 per share, for Q3 2020.
  • Adjusted EBITDA for Q3 2021 was negative $6.2 million, compared to negative $2.1 million in Q3 2020.
  • The Company ended the third quarter of 2021 with $125.1 million in cash and cash equivalents, compared to $16.9 million at the end of the fourth quarter of 2020.

Headline financials

Total Revenue

$718K

Previous: $639K+12.4%
EPS (adj)

-$0.06

Previous: -$0.02-200.0%
Adjusted EBITDA

-$6.2M

No prior period
Capital Expenditures

-$2.03M

Previous: -$94K-2063.8%
Free Cash Flow

-$11.4M

Previous: -$2.92M-291.0%
Net Income

-$9.38M

Previous: -$2.83M-232.0%
Operating Income

-$10.1M

Previous: -$2.82M-257.3%
Gross Profit

$728K

Previous: $639K+13.9%
Cash & Equivalents

$125M

Previous: $5.03M+2389.3%
Total Assets

$134M

Previous: $8.96M+1396.1%
Stock-Based Comp

$2.81M

Previous: $450K+524.4%

Revenue & EPS history

MicroVision · Revenue · Quarterly

$718K

Q3 2021+12.4%vs Q3 2020
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Revenue by segment

MicroVision · $1.12M total across 2 segments · Q2 2026

  • Product
    $1.1M—
  • License and Royalty
    $18K—

Forward guidance

MicroVision did not provide specific financial guidance in the Q3 2021 earnings report.

Historical earnings impact

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

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q3 2021

Historical avgQ3 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
Q2 2026———
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%——

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro