Welcome to our dedicated page for Movella Holdings news (Ticker: MVLA), a resource for investors and traders seeking the latest updates and insights on Movella Holdings stock.
Movella Holdings Inc. (MVLA), also referred to as MVLA Holdings, Inc., has been associated with motion capture, motion analysis, and AI-driven motion data analytics. News about Movella and its brands, such as Xsens, highlights developments in sensors, software, and analytics that digitize movement for entertainment, health and sports, humanoid robotics, and automation and mobility.
On this page, readers can find coverage of corporate announcements, including Movella’s decision to voluntarily delist its common stock and warrants from the Nasdaq Global Market, the subsequent quotation of its securities on the OTC Pink Market, and later disclosures that the company filed a Form 15 to suspend SEC reporting obligations and is no longer a public company. News has also detailed the completion of a restructuring transaction in which ownership of Movella Inc. transferred to Movella Holdings NewCo, LP, leaving Movella Holdings Inc. with an Earnout Agreement as its sole material asset.
Company and brand news also describe technology-focused milestones. For example, Xsens, a Movella brand, has announced motion capture systems such as a new generation of Xsens Link, designed to deliver research-grade kinematic data for use in humanoid robotics, health and sports, and entertainment production workflows. Movella has also announced partnerships, such as a collaboration with DIERS to integrate Movella’s inertial motion capture technology into healthcare and biomechanics solutions.
Investors and observers can use this news feed to review historical corporate actions, restructuring updates, listing and delisting decisions, and product and partnership announcements that illustrate how Movella’s motion digitization technologies have been applied across multiple industries.
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Movella Holdings Inc. (NASDAQ: MVLA) reported record quarterly revenue of $12.1 million for Q4 2022, up from $10.2 million in Q4 2021. Full-year revenue reached $40.5 million, an increase from $34.4 million the previous year. Despite these gains, the company reported a GAAP net loss of $15.0 million in Q4, compared to $6.0 million the prior year, and a full-year net loss of $35.1 million. Cash and cash equivalents improved to $14.3 million at year-end, bolstered by $60.3 million from its February 2023 Nasdaq listing. Movella aims to use this capital to enhance sales, marketing, and product development, while navigating macroeconomic challenges affecting its revenue pipeline.