Vuzix Corp reports results for the quarter ended in June - Earnings Summary

Vuzix

09/08/2022 23:02

* Vuzix Corp  VUZI.OQ  reported a quarterly adjusted loss
of 16
cents​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for a loss
of 15 cents per share.
    * Revenue rose 3.1% to $3.01 million from a year ago;
analysts
expected $2.99 million. 
    * Vuzix Corp's reported EPS for the quarter was a loss of 16
cents​.
    * 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. 
    * Vuzix Corp shares had risen by 24.9% this quarter and
gained 2.3% so far this year.
    * The company reported a quarterly loss of $10.02 million.
    * Wall Street's median 12-month price target for Vuzix Corp
is
$10.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 9
at 10:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.15          -0.16          Missed
 Mar. 31 2022      -0.15          -0.16          Missed
 Dec. 31 2021      -0.12          -0.27          Missed
 Sep. 30 2021      -0.13          -0.13          Met