Microvision Ups Revenue 41% in Q3, Still Loses Nearly $8M
REDMOND, Wash., Nov. 4, 2011 — MicroVision Inc., a specialist in ultraminiature projection display technology, announced its operating and financial results for the third quarter of 2011. The company highlighted a $3.5 million engine order, revenue growth of 41% and a third consecutive quarter of lower cash used in operations. It still lost nearly $8 million.
The following financial results are for three and nine months ending Sept. 30, 2011, compared with the same periods one year earlier.
Revenue grew by 41...