Vuzix (VUZI) to Release Earnings on Thursday

Vuzix (NASDAQ:VUZI) will issue its quarterly earnings data after the market closes on Thursday, November 14th. Parties that wish to listen to the company’s conference call can do so using this link.

Vuzix (NASDAQ:VUZI) last released its quarterly earnings data on Wednesday, August 14th. The company reported ($0.62) EPS for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.52). The business had revenue of $1.09 million during the quarter. Vuzix had a negative return on equity of 114.41% and a negative net margin of 1,285.06%.

Vuzix Stock Performance

Shares of NASDAQ:VUZI opened at $1.16 on Thursday. The company’s fifty day moving average is $1.14 and its two-hundred day moving average is $1.23. Vuzix has a 1-year low of $0.83 and a 1-year high of $3.48. The stock has a market capitalization of $85.39 million, a price-to-earnings ratio of -0.91 and a beta of 1.51.

Wall Street Analysts Forecast Growth

Separately, Craig Hallum cut their target price on shares of Vuzix from $3.00 to $2.00 and set a “buy” rating on the stock in a report on Thursday, August 15th.

Vuzix Company Profile

Vuzix Corporation designs, manufactures, and markets smart glasses and augmented reality (AR) technologies and products for the enterprise, medical, defense, and consumer markets. The company’s products include head-mounted smart personal display and wearable computing devices that offer users a portable viewing experience, provide solutions for mobility, wearable displays, and augmented reality, as well as original equipment manufacturer waveguide optical components and display engines.