🟢 Microvision is trading 7% up today after Q2 revenue and raised gross-margin guidance

Microvision is trading 7.06% up now at $3.49 after investors responded to its August 6 earnings release, which reported Q2 revenue of $1.5 million and raised gross-margin guidance.

• Management reiterated full-year revenue guidance and raised gross-margin guidance to 40%-45% from 35%-40%.
• The report showed a $36.9 million net loss and $1.66 loss per share; the gain appears focused on improving commercial traction, margins, and expected second-half execution.
• Broader risk-on trading, supported by softer July employment data, may be providing additional support.