🔴 Microvision is trading 12.5% down after reaffirming 2026 revenue guidance

Microvision is trading 12.5% down at $1.33, primarily after management reaffirmed 2026 revenue guidance without raising it.

• The October 7 business update kept 2026 revenue guidance at $10 million to $15 million, while management projected revenue to roughly double in 2027.
• Reporting linked the unchanged outlook to a 9.2% after-hours decline; investors had looked for a more upbeat update ahead of the third-quarter earnings call. Microvision also described cost-saving plans and its Lidar 2.0 strategy.