Vuzix (VUZI) to Release Quarterly Earnings on Thursday

Vuzix (NASDAQ:VUZI) will post its quarterly earnings results after the market closes on Thursday, November 14th. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Vuzix (NASDAQ:VUZI) last released its quarterly earnings data on Wednesday, August 14th. The company reported ($0.62) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by ($0.52). The business had revenue of $1.09 million during the quarter. Vuzix had a negative net margin of 1,285.06% and a negative return on equity of 114.41%.

Vuzix Trading Down 3.6 %

Shares of NASDAQ:VUZI opened at $1.07 on Tuesday. Vuzix has a 1 year low of $0.83 and a 1 year high of $2.71. The firm has a fifty day moving average price of $1.15 and a 200 day moving average price of $1.23. The stock has a market capitalization of $78.76 million, a PE ratio of -0.84 and a beta of 1.51.

Wall Street Analyst Weigh In

Separately, Craig Hallum lowered their price objective on Vuzix from $3.00 to $2.00 and set a “buy” rating on the stock in a report on Thursday, August 15th.

About Vuzix

Vuzix Corporation designs, manufactures, and markets smart glasses and augmented reality (AR) technologies and products for the enterprise, medical, defense, and consumer markets. The company’s products include head-mounted smart personal display and wearable computing devices that offer users a portable viewing experience, provide solutions for mobility, wearable displays, and augmented reality, as well as original equipment manufacturer waveguide optical components and display engines.