Smart glasses maker Vuzix Q3 revenue falls

Vuzix

13/11/2025 21:13

Overview

Vuzix Q3 2025 revenue $1.16 mln vs $1.39 mln yr ago

Net loss for Q3 2025 was $7.4 mln, an improvement from $9.2 mln in 2024

Operating expenses decreased by 22% yr/yr, enhancing financial efficiency

Outlook

Vuzix expects Q4 2025 product revenue growth driven by OEM programs

Company plans to showcase new smart-glasses concepts at CES 2026

Vuzix aims to scale direct enterprise deployments and OEM model

Result Drivers

QUANTA INVESTMENT - Received $5 mln from Quanta Computer, supporting smart glasses and waveguide initiatives

PURCHASE ORDERS - Received first wave of purchase orders from a global online retailer for smart glasses

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
$1.16 mln
$1.56 mln (1 Analyst)

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:nPnpp0pBa

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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.)