Vuzix Corp reports results for the quarter ended June 30 - Earnings Summary
Vuzix Corp reports results for the quarter ended June 30 - Earnings Summary
Vuzix Corp VUZI.OQ reported a quarterly adjusted loss of 9 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -10 cents. The lone analyst forecast for the quarter was for a loss of 11 cents per share.
Revenue fell 14.1% to $1.11 million from a year ago; analysts expected $1.50 million.
Vuzix Corp's reported EPS for the quarter was a loss of 9 cents.
The company reported a quarterly loss of $7.67 million.
Vuzix Corp shares had fallen by 9.7% this quarter and lost 30.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 10% 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 $6.00, about 56.3% above its last closing price of $2.62
This summary was machine generated from LSEG data August 13 at 09:01 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 ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | -0.11 | -0.09 | Beat |
Mar. 31 2026 | -0.10 | -0.09 | Beat |
Dec. 31 2025 | -0.09 | -0.12 | Missed |
Sep. 30 2025 | -0.10 | -0.09 | Beat |