Vuzix Corp. (VUZI) Misses Q2 EPS by 9c
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Vuzix Provides Business Update and Reports Second Quarter 2016 Financial Results
August 15, 2016 8:01 AM EDTROCHESTER, N.Y., Aug. 15, 2016 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), a leading supplier of Smart Glasses, Augmented Reality (AR) and Virtual Reality (VR) technologies and products for the consumer and enterprise markets, today reported second quarter 2016 financial results for the period ended June 30, 2016.
Vuzix reported $560,877 in revenues for the three months ended June 30, 2016, a 31% increase from $427,812 for the same period in 2015. The net loss for the three months ended June 30, 2016, after provision for accrued preferred stock dividends, was ($4,503,205) or ($0.28) per share versus a net loss of ($2,778,872) or ($0.17) per share... More
