Vuzix Reports Third Quarter 2023 Results

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Go back to Vuzix Reports Third Quarter 2023 Results

BTIG Downgrades Vuzix Corp. (VUZI) to Neutral

November 10, 2023 6:38 AM EST

BTIG analyst Matt VanVliet downgraded Vuzix Corp. (NASDAQ: VUZI) from Buy to Neutral.

The analyst comments "Vuzix reported 3Q23 results on Thursday, November 9, AMC that came in ~51% below our estimates for revenue at $2.18mn. Smart glasses sales falling 46% y/y were the catalyst for the miss and while Mgmt believes... More

Vuzix Corp. (VUZI) Misses Q3 EPS by 2c

November 9, 2023 4:05 PM EST

Vuzix Corp. (NASDAQ: VUZI) reported Q3 EPS of ($0.17), $0.02 worse than the analyst estimate of ($0.15). Revenue for the quarter came in at $2.18 million versus the consensus estimate of $4.73 million.

For earnings history and earnings-related data on Vuzix Corp. (VUZI) click here.

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