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NASDAQ:MVLA

Movella Q1 2023 Earnings Results & Report

$0.0002 0.00 (0.00%)
As of 11/9/2026 02:58 PM Eastern

Movella missed analyst earnings expectations but beat on revenue in its Q1 2023 results, released May 10, 2023. The company reported EPS of -$0.13 versus the -$0.06 consensus estimate, while revenue of $9.17 million topped the $8.70 million estimate by $470.00 thousand.

Earnings Announcement Details

Quarter
Q1 2023
Report Date

Movella EPS Results

Actual EPS
-$0.13
Consensus EPS
-$0.06
Beat/Miss
Missed by -$0.07
One Year Ago EPS
N/A

Movella Revenue Results

Actual Revenue
$9.17 million
Expected Revenue
$8.70 million
Beat/Miss
Beat by +$470.00 thousand
YoY Revenue Growth
N/A

Upcoming Earnings

Movella's next earnings date is estimated for Wednesday, November 18, 2026, based on past reporting schedules.

Conference Call Resources

Movella Q1 2023 Earnings FAQ

Movella (NASDAQ:MVLA) reported earnings of -$0.13 per share for Q1 2023, missing the consensus estimate of -$0.06. The report was announced on Wednesday, May 10, 2023.

Movella reported revenue of $9.17 million for Q1 2023, against a consensus estimate of $8.70 million.

Movella's next earnings date is estimated for Wednesday, November 18, 2026. MarketBeat tracks confirmed and estimated earnings dates for Movella on the company's earnings history page.

Movella Earnings Headlines

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About Movella

Movella (NASDAQ:MVLA) was a technology company focused on digitizing human motion. Its products combined inertial sensors, motion-capture hardware and software to measure body movement and translate it into digital data for use in applications such as animation, gaming, sports, healthcare, industrial training and robotics.

The company’s offerings included the Xsens product portfolio, which featured wearable sensors and inertial motion-capture systems such as MVN and MTw Awinda. Movella also developed software tools for analyzing and visualizing movement, as well as products designed to support applications involving augmented reality, virtual reality, biomechanics and human-machine interaction.

Movella’s roots trace to Xsens, a motion-capture technology company founded in the Netherlands. The business served customers and partners internationally across the entertainment, enterprise, research, sports and industrial markets. Movella Holdings went public on Nasdaq in 2022 under the symbol MVLA. Subsequent financial difficulties led to restructuring proceedings, and the company’s operations and corporate status changed after its public listing.

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