MicroVision Full Year 2022 Earnings: EPS Beats Expectations, Revenues Lag

·1 min read

MicroVision (NASDAQ:MVIS) Full Year 2022 Results

Key Financial Results

  • Net loss: US$53.1m (loss widened by 23% from FY 2021).

  • US$0.32 loss per share (further deteriorated from US$0.27 loss in FY 2021).


All figures shown in the chart above are for the trailing 12 month (TTM) period

MicroVision EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 40%. Earnings per share (EPS) exceeded analyst estimates by 3.0%.

Looking ahead, revenue is forecast to grow 42% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Electronic industry in the US.

Performance of the American Electronic industry.

The company's shares are down 8.9% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for MicroVision you should be aware of, and 1 of them can't be ignored.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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