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Microvision announced Q4 2016 financial results

Tuesday, March 7, 2017 0:24
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Microvision new logoMicrovision announced its financial results for Q4 2016, with revenues of $2.9 million (up from $1.5 million in Q4 2015) and a net loss of $5.4 million (up from a net loss of $4.3 million in Q4 2015). 

Annual revenues in 2016 reached $14.8 million – up 60% from 2015 ($9.2 million). Net loss was $16.5 in 2016 (up from $14.5 million in 2015). As of December 31, 2016, backlog was $942,000 and cash and cash equivalents were $15.1 million.

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