Nov. 12 at 8:44 AM
$OUST So yesterday
$HSAI reported a blowout ER, with good growth, hitting profitability targets sooner than expected and signing a big 100% coverage OEM production win in China. It's not the kind of stock I invest in, but the fact that it also then fell 10% is really telling you something about the lidar space at the moment. That was an even better ER than OUST delivered.
$MVIS reported...so officially they call this earnings reports still, but that's a misnomer. The financials are so awful: there is still literally no revenue, and the margins don't even remotely work. So they are objectively pre-revenue and a tech play. But they are at least honest about that fact, are honest about the prospects, and it seems like they actually try to pivot now. They are still priced too high for that. I personally don't think they will make it because they pivot into EXACTLY the play HSAI and OUST are winning, but they do have cash for 2026 now as they show at least some improvements in cash burn.
