NASDAQ$MVIS
MicroVision Inc · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Announced third quarter 2024 results.
MicroVision announced its Q3 2024 results, highlighting a $75 million capital commitment to secure additional revenue opportunities and steady improvement in cash burn. The company is focused on industrial customers and automotive OEMs with its lidar and software solutions.
- Secured $75 million capital commitment to pursue revenue opportunities for 2025 and beyond.
- Integrated MOVIA L and software solution targeting industrial customers in the heavy equipment segment.
- MAVIN and MOVIA S, combined with integrated perception software, offer compelling solutions to automotive OEMs.
- Cash burn showing sequential reductions for the first three quarters of 2024.
Headline financials
Revenue & EPS history
MicroVision · Revenue · Quarterly
$190K
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 expects to continue scaling resources and remains engaged with automotive OEMs, while being responsive to their evolving timelines.
Tailwinds
- Capital commitment positions the company well to secure revenue opportunities.
- Focus on industrial customers in the heavy equipment segment.
- MAVIN and MOVIA S offer compelling solutions to automotive OEMs.
- Steady improvement in cash burn.
- Scaling resources internally and with third party vendors and suppliers.
Headwinds
- Automotive OEMs' latest start-of-production timelines.
- Dependence on third parties.
- Potential product liability claims.
- Ability to maintain its listing on The Nasdaq Stock Market.
- Market acceptance of its technologies and products
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 2024
-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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