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VUZI — Vuzix News Story

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Vuzix Corp reports results for the quarter ended December 31 - Earnings Summary

Vuzix Corp VUZI.OQ reported a quarterly adjusted loss of 16 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -28 cents.  The lone analyst forecast for the quarter was for a loss of 12 cents per share.

Revenue rose 19.2% to $1.27 million from a year ago; analysts expected $1.53 million.

Vuzix Corp's reported EPS for the quarter was a loss of 16 cents​.

The company reported a quarterly loss of $13.66 million.

Vuzix Corp shares had fallen by 41.9% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts was unchanged in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

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

Wall Street's median 12-month price target for Vuzix Corp is $2.00

This summary was machine generated from LSEG data March 13 at 09:37 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Dec. 31 2024-0.12-0.16Missed
Sep. 30 2024-0.12-0.14Missed
Jun. 30 2024-0.10-0.16Missed
Mar. 31 2024-0.14-0.16Missed

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