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MicroVision reports loss of $8.5 million in 2nd quarter

By Associated Press
Published: August 1, 2018, 6:00am

REDMOND — MicroVision Inc. (MVIS) on Tuesday reported a loss of $8.5 million in its second quarter. On a per-share basis, the Redmond-based company said it had a loss of 10 cents.

The maker of drivers for miniature video displays posted revenue of $2 million in the period. In the final minutes of trading on Tuesday, the company’s shares hit 90 cents. A year ago, they were trading at $2.27.

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