01:46 PM EDT, 05/10/2024 (MT Newswires) -- MicroVision ( MVIS ) shares were down more than 25% in recent Friday trading after the company reported its Q1 financial results late Thursday.

The company reported Q1 net loss of $0.13 per diluted share, widening from a loss of $0.11 a year earlier.

Two analysts polled by Capital IQ expected a loss of $0.12.

Revenue for the quarter ended March 31 was $956,000, up from $782,000 a year earlier.

Two analysts surveyed by Capital IQ expected $750,000.

Price: 1.21, Change: -0.41, Percent Change: -25.31