MicroVision's CFO Anubhav Verma Steps Down
CFO Resignation: Anubhav Verma, the Chief Financial Officer of MicroVision, announced his resignation effective December 31, 2025.
Interim CFO Appointment: The Board of Directors has appointed Stephen Hrynewich, the current Vice President of Global Finance & Operations, as the interim CFO following Verma's departure.
Leadership Changes: MicroVision has recently appointed Glen Devos as the new CEO, indicating a shift in leadership within the company.
Business Developments: The company is pursuing growth opportunities, including the acquisition of Scantinel Photonics’ FMCW lidar business, as it aims to enhance its LiDAR technology aspirations.
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Einride Appoints Anubhav Verma as CFO Ahead of NYSE Listing
- Executive Appointment: Einride AB has appointed Anubhav Verma as Chief Financial Officer, effective January 2026. Verma brings over 16 years of capital markets and M&A experience, previously serving as CFO of MicroVision, where he expanded its presence in the U.S. and EU markets.
- Listing Preparation: This appointment is part of Einride's strategy to merge with Legato Merger Corp. III and list on the NYSE. The merger is expected to close in the first half of 2026, valuing Einride at $1.8 billion.
- Market Potential: Einride aims to capture significant market share in the $4.6 trillion global road freight market, having established partnerships with 25 enterprise customers and achieving an annual recurring revenue (ARR) of $65 million, with over $800 million in potential long-term ARR.
- Technological Edge: Einride has received industry-first regulatory permits for autonomous vehicle operations in the U.S. and Europe, maintaining a zero traffic incident safety record. Its AI-powered platform provides cost-effective freight solutions, positioning the company for rapid growth in the multi-trillion dollar freight and logistics industry.
Einride Appoints Anubhav Verma as CFO Ahead of NYSE Listing
- Executive Appointment: Einride has appointed Anubhav Verma as Chief Financial Officer, effective January 2026, to support the company's public listing plans.
- Listing Strategy: Einride aims to go public on the NYSE through a business combination with Legato Merger Corp. III, expected to close in the first half of 2026.
- Market Opportunity: Einride seeks significant market share in the $4.6 trillion global road freight market, having established partnerships with 25 enterprise customers.
- Financial Focus: Verma emphasized driving financially disciplined growth and establishing long-term enterprise partnerships, particularly in the U.S. market.
MicroVision's CFO Anubhav Verma Steps Down
CFO Resignation: Anubhav Verma, the Chief Financial Officer of MicroVision, announced his resignation effective December 31, 2025.
Interim CFO Appointment: The Board of Directors has appointed Stephen Hrynewich, the current Vice President of Global Finance & Operations, as the interim CFO following Verma's departure.
Leadership Changes: MicroVision has recently appointed Glen Devos as the new CEO, indicating a shift in leadership within the company.
Business Developments: The company is pursuing growth opportunities, including the acquisition of Scantinel Photonics’ FMCW lidar business, as it aims to enhance its LiDAR technology aspirations.
What’s Happening with MicroVision Stock on Wednesday?
Financial Results: MicroVision reported a loss of 5 cents per share, which was better than the expected 7 cent-loss, but its sales of $241,000 fell short of the $250,000 consensus estimate.
Leadership and Product Developments: The company appointed Glen DeVos as CEO and introduced the MOVIA S solid-state lidar sensor, along with a new "Tri-Lidar Architecture" solution and an agreement to acquire Scantinel Photonics.
Cash Position: MicroVision ended the quarter with $99.5 million in cash and cash equivalents, plus access to an additional $76.2 million in committed capital.
Stock Performance: Following the mixed financial results, MicroVision shares dropped 11.8% to 94 cents.
Today's Options Volatility and Implied Earnings Changes - November 12, 2025
Earnings Reports Today: Major companies reporting earnings today include Cisco Systems, Microvision, Pan American Silver, and others, with expected earnings moves indicated by options prices.
Implied Moves Before Market Open: Companies like Huya, Jumia Technologies, Innoviz Technologies, and On Holding are expected to have significant stock price movements before the market opens, with implied moves ranging from 10.40% to 21.12%.
Implied Moves After Market Close: Earnings reports from Cisco, Microvision, and others are anticipated after market close, with expected stock price movements between 5.80% and 16.82%.
Options Trading Risks: The article emphasizes the risks associated with options trading and advises thorough research before engaging in such activities.
MicroVision Announces Q3 Results: EPS Exceeds Expectations, Revenues Fall Short
Earnings Report: MicroVision Inc. reported a quarterly loss of five cents per share, which was better than the analyst estimate of seven cents, but its revenue of $241,000 fell short of the expected $250,000.
CEO's Statement: CEO Glen DeVos expressed enthusiasm about the company's recent momentum and highlighted the interest generated from their next-gen short-range sensor unveiled at IAA Mobility.
Stock Performance: Following the earnings report, MicroVision's stock was down 0.03% at $1.07 during extended trading on Tuesday.
Market Context: The article also mentions other stocks with earnings reports due this week, indicating a broader market interest in earnings performance.
Einride Appoints Anubhav Verma as CFO Ahead of NYSE Listing
- Executive Appointment: Einride AB has appointed Anubhav Verma as Chief Financial Officer, effective January 2026. Verma brings over 16 years of capital markets and M&A experience, previously serving as CFO of MicroVision, where he expanded its presence in the U.S. and EU markets.
- Listing Preparation: This appointment is part of Einride's strategy to merge with Legato Merger Corp. III and list on the NYSE. The merger is expected to close in the first half of 2026, valuing Einride at $1.8 billion.
- Market Potential: Einride aims to capture significant market share in the $4.6 trillion global road freight market, having established partnerships with 25 enterprise customers and achieving an annual recurring revenue (ARR) of $65 million, with over $800 million in potential long-term ARR.
- Technological Edge: Einride has received industry-first regulatory permits for autonomous vehicle operations in the U.S. and Europe, maintaining a zero traffic incident safety record. Its AI-powered platform provides cost-effective freight solutions, positioning the company for rapid growth in the multi-trillion dollar freight and logistics industry.
Einride Appoints Anubhav Verma as CFO Ahead of NYSE Listing
- Executive Appointment: Einride has appointed Anubhav Verma as Chief Financial Officer, effective January 2026, to support the company's public listing plans.
- Listing Strategy: Einride aims to go public on the NYSE through a business combination with Legato Merger Corp. III, expected to close in the first half of 2026.
- Market Opportunity: Einride seeks significant market share in the $4.6 trillion global road freight market, having established partnerships with 25 enterprise customers.
- Financial Focus: Verma emphasized driving financially disciplined growth and establishing long-term enterprise partnerships, particularly in the U.S. market.
MicroVision's CFO Anubhav Verma Steps Down
CFO Resignation: Anubhav Verma, the Chief Financial Officer of MicroVision, announced his resignation effective December 31, 2025.
Interim CFO Appointment: The Board of Directors has appointed Stephen Hrynewich, the current Vice President of Global Finance & Operations, as the interim CFO following Verma's departure.
Leadership Changes: MicroVision has recently appointed Glen Devos as the new CEO, indicating a shift in leadership within the company.
Business Developments: The company is pursuing growth opportunities, including the acquisition of Scantinel Photonics’ FMCW lidar business, as it aims to enhance its LiDAR technology aspirations.
What’s Happening with MicroVision Stock on Wednesday?
Financial Results: MicroVision reported a loss of 5 cents per share, which was better than the expected 7 cent-loss, but its sales of $241,000 fell short of the $250,000 consensus estimate.
Leadership and Product Developments: The company appointed Glen DeVos as CEO and introduced the MOVIA S solid-state lidar sensor, along with a new "Tri-Lidar Architecture" solution and an agreement to acquire Scantinel Photonics.
Cash Position: MicroVision ended the quarter with $99.5 million in cash and cash equivalents, plus access to an additional $76.2 million in committed capital.
Stock Performance: Following the mixed financial results, MicroVision shares dropped 11.8% to 94 cents.
Today's Options Volatility and Implied Earnings Changes - November 12, 2025
Earnings Reports Today: Major companies reporting earnings today include Cisco Systems, Microvision, Pan American Silver, and others, with expected earnings moves indicated by options prices.
Implied Moves Before Market Open: Companies like Huya, Jumia Technologies, Innoviz Technologies, and On Holding are expected to have significant stock price movements before the market opens, with implied moves ranging from 10.40% to 21.12%.
Implied Moves After Market Close: Earnings reports from Cisco, Microvision, and others are anticipated after market close, with expected stock price movements between 5.80% and 16.82%.
Options Trading Risks: The article emphasizes the risks associated with options trading and advises thorough research before engaging in such activities.
MicroVision Announces Q3 Results: EPS Exceeds Expectations, Revenues Fall Short
Earnings Report: MicroVision Inc. reported a quarterly loss of five cents per share, which was better than the analyst estimate of seven cents, but its revenue of $241,000 fell short of the expected $250,000.
CEO's Statement: CEO Glen DeVos expressed enthusiasm about the company's recent momentum and highlighted the interest generated from their next-gen short-range sensor unveiled at IAA Mobility.
Stock Performance: Following the earnings report, MicroVision's stock was down 0.03% at $1.07 during extended trading on Tuesday.
Market Context: The article also mentions other stocks with earnings reports due this week, indicating a broader market interest in earnings performance.
