Recent

% | $
Quotes you view appear here for quick access.

Microvision Inc. Message Board

  • digginganotherhole digginganotherhole Dec 30, 2013 2:41 PM Flag

    Sales

    Lots of hype but still NO SALES!!

    Sentiment: Hold

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • MVIS has revenues but not enough to break even at this point. I estimate between $15M and $17M to break even:

      Financial Results

      The following financial results are for the three and nine months ended September 30, 2013, compared to the same periods one year earlier.

      Revenue was $964,000 for the third quarter of 2013, compared to $2.6 million for the third quarter of 2012, primarily from performance under the development agreement announced in April. Revenue for the first nine months of 2013 was $4.6 million, compared to $5.6 million for the first nine months of 2012.
      Operating loss for the third quarter of 2013 was $4.1 million, compared to $4.0 million for the third quarter a year ago. Operating loss was $11.2 million for the first nine months of 2013, compared to $18.8 million for the first nine months of 2012.
      Net loss for the third quarter of 2013 was $3.7 million, or $0.13 per share, compared to $3.8 million, or $0.15 per share, for the same quarter a year ago. Net loss was $10.8 million, or $0.40 per share, for the first nine months of 2013 compared to $18.6 million, or $0.91 per share, for the first nine months of 2012.
      For the third quarter of 2013, cash used in operations was $3.7 million compared to $3.9 million for the same period in 2012. For the nine months ended September 30, 2013, cash used in operations was $9.9 million compared to $17.0 million for the same period in 2012.

      As of September 30, 2013, backlog was $3.2 million and cash and cash equivalents were $8.3 million.

    • That is the dumbest comment so far. Then how did Pioneer get their modules, for free? Stupid!

      Sentiment: Strong Buy

    • Buy on Hype, sell on news then buy low and buy more. IMHO

 
MVIS
1.53-0.22(-12.57%)Jul 28 3:59 PMEDT