Microvision Result 08/03/2017

Microvision announced FY16 Q4 result with consolidated revenue of $2.9 million and a net loss of $5.4 million. The quarterly revenue had jumped by 93% on an yearly basis but the loss had also increased by $1 million on the same basis.

The annual FY16 revenue amounted to $14.8 million with a net loss of $16.5 million. There was a healthy 60% increase in revenue on an yearly basis with a $2 million increase in net loss as well.