Vuzix Delivers Strong Revenue and Gross Profit Growth in Second Quarter 2018
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Vuzix Corp. (VUZI) Misses Q2 EPS by 3c, Revenues Beat
August 9, 2018 4:04 PM EDTVuzix Corp. (NASDAQ: VUZI) reported Q2 EPS of ($0.24), $0.03 worse than the analyst estimate of ($0.21). Revenue for the quarter came in at $2.6 million versus the consensus estimate of $2.2 million.
Quarterly revenues of $2.6 million versus $1.3 million for the second quarter of 2017, an increase of 100%.
Record quarterly Vuzix smart glasses revenues of $1.8 million versus $0.7 million for the second quarter of 2017, an increase of 154%.
Improved quarterly gross profit of $0.7 million versus a gross loss of $0.4 million for the second quarter of 2017.
Record quarterly... More
