Vuzix (VUZI) Set to Announce Quarterly Earnings on Thursday

Vuzix (NASDAQ:VUZI) will issue its quarterly earnings data after the market closes on Thursday, November 14th. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

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

Vuzix Stock Performance

Shares of VUZI opened at $1.05 on Wednesday. The firm has a market cap of $77.29 million, a PE ratio of -0.83 and a beta of 1.51. The firm’s 50 day moving average price is $1.16 and its 200 day moving average price is $1.22. Vuzix has a twelve month low of $0.83 and a twelve month high of $2.71.

Analysts Set New Price Targets

Separately, Craig Hallum cut their price target 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.