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MicroVision Sets Sights on Revenue Growth in 2015

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REDMOND, Wash., March 10, 2015 — MicroVision Inc. is eyeing revenue growth in 2015 as it moves from development mode into product sales and licensing mode. Earlier this month the company licensed its PicoP miniature laser projector technology for $8 million to an unnamed Fortune Global 100 company. Despite this early success in the new year, MicroVision reported a net loss of $18.1 million, or $0.44 per share, in 2014. That compares with a net loss of $13.2 million, or $0.47 per share, in 2013. Annual revenue was $3.5 million, down 41 percent from $5.9 million in 2013. The company said a majority of its...Read full article

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    Published: March 2015
    BusinessAmericasWashingtonMicroVisionLasersPicoPpicoprojectorDisplays

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