Smart glasses maker Vuzix's Q3 revenue falls

Vuzix

13/11/2025 21:13

Overview

Vuzix Q3 2025 revenue falls 16% yr/yr, driven by declines in product and service sales

Company reduces Q3 operating expenses by 22% yr/yr, narrowing net loss

Vuzix receives $5 mln investment from Quanta, bringing total to $20 mln

Outlook

Vuzix expects Q4 2025 growth in product revenue and engineering services

Company plans to showcase new technology at CES 2026

Partnership with Quanta to support rising demand for AI smart-glasses

Result Drivers

QUANTA INVESTMENT - Vuzix received $5 mln from Quanta, supporting smart glasses and waveguide initiatives

ENTERPRISE LEADERSHIP - Dr. Chris Parkinson appointed to lead enterprise solutions, focusing on converting demand into deployments

PURCHASE ORDERS - Received first wave of volume purchase orders from a leading global online retailer

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 EPS
-$0.09
Q3 Net Income
-$7.35 mln
Q3 Operating Income
-$7.49 mln


Analyst Coverage

The one available analyst rating on the shares is "buy"

The average consensus recommendation for the electronic equipment & parts peer group is "buy"

Wall Street's median 12-month price target for Vuzix Corp is $3.00, about 10% above its November 12 closing price of $2.70

Press Release: ID:nCNWrlrvTa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)