NASDAQ$MVIS
MicroVision Inc · Q3 2023 earnings
Q3 2023 earnings · · Investor relations
Briefing
MicroVision's Q3 2023 earnings reflected a period with no revenue and a net loss, as the company focused on advancing its automotive lidar technology and strategic initiatives.
MicroVision reported no revenue for Q3 2023 and a net loss of $29.5 million, or $0.17 per share. The company focused on advancing its automotive lidar technology and strategic initiatives. Operating expenses were $25.3 million, and cash usage was approximately $23 million. The company is focused on the A-sample delivery for MAVIN Auto.
- No revenue was reported for Q3 2023.
- Net loss was $29.5 million, or $0.17 per share.
- Operating expenses totaled $25.3 million.
- Cash usage was approximately $23 million.
Headline financials
Revenue & EPS history
MicroVision · Revenue · Quarterly
$1.05M
Revenue by segment
MicroVision · $935K total across 2 segments · Q1 2026
- Product Revenue$909K—97.2%
- License and Royalty$26K—2.8%
Forward guidance
MicroVision anticipates continued progress in its automotive lidar development and strategic initiatives. The company expects to maintain its focus on delivering A-samples for MAVIN Auto and engaging with potential customers.
Tailwinds
- Continued progress in automotive lidar development.
- Focus on delivering A-samples for MAVIN Auto.
- Engagement with potential customers.
- Advancing strategic initiatives.
- Maintaining a strong cash position.
Headwinds
- No specific revenue guidance provided.
- Continued operating expenses.
- Ongoing net losses.
- Dependence on automotive lidar market adoption.
- Potential delays in product development.
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 Q3 2023
-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
| Quarter | Report date | Reaction (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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