MicroVision Stock Impressive Rise On Tuesday, Outperforms Market

(VIANEWS) – The NASDAQ ended the session with MicroVision rising 30.02% to $6.93 on Tuesday, following the last session’s upward trend. NASDAQ rose 0.36% to $13,276.42, following the last session’s downward trend on what was a somewhat up trend trading session today.

MicroVision’s last close was $5.33, 10.57% below its 52-week high of $5.96.

About MicroVision

MicroVision, Inc. develops and sells lidar sensors used in automotive safety and autonomous driving applications. Its laser beam scanning technology is based on micro-electrical mechanical systems (MEMS), laser diodes, opto-mechanics, electronics, algorithms, and software. The company also develops micro-display concepts and designs for head-mounted augmented reality (AR) headsets, as well as 1440i MEMS module supporting AR headsets; interactive display solutions for the smart speakers market; and Consumer Lidar used in smart home systems. In addition, it develops 1st Generation LRL module. The company sells its products primarily to original equipment manufacturers and original design manufacturers. MicroVision, Inc. was founded in 1993 and is headquartered in Redmond, Washington.

Earnings Per Share

As for profitability, MicroVision has a trailing twelve months EPS of $-0.37.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -62.05%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 123.4%, now sitting on 1.1M for the twelve trailing months.

Sales Growth

MicroVision’s sales growth for the current quarter is 154.8%.

More news about MicroVision (MVIS).

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