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Microvisions reports their Q2 2012 financial results
Sunday, August 5, 2012 12:40
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Microvision announced their financial results for 2Q 2012. during the quarter, revenue was $1.3 million, and the net loss was $5.0 million (down from $9.2 million a year ago). Microvision (after raising money a few times) now has $14.8 million in cash and the backlog is $5.4 million.
During the 2nd quarter, Microvision received purchase orders totaling $4.4 million from Pioneer , and they already started deliveries. In July Pioneer ordered more components for $1.4 million. Microvision says they shipped samples to over a dozen companies in the automotive and consumer electronics vertical markets.
2012-08-05 12:35:09
Source: http://www.picoprojector-info.com/microvisions-reports-their-q2-2012-financial-results
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