Vuzix

Vuzix Corp. is a supplier of Smart-Glasses and Augmented Reality technologies and products for the consumer and enterprise markets. Its products include personal display and wearable computing devices that offer users a portable viewing experience, provide solutions for mobility, wearable displays and augmented reality. The firm also holds 246 patents and patents pending and numerous IP licenses in the Video Eyewear field. It has offices in Rochester, NY, Oxford, UK, and Tokyo, Japan. The company was founded by Paul J. Travers in 1997 and is headquartered in West Henrietta, NY.

Earnings data Q4 2020

Earnings data Q1 2021

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Earnings data Q1 2022

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Earnings data Q1 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Vuzix reports robust Q1 performance, eyes record revenues in 2023

Vuzix's strong Q1 2023 performance, driven by record smart glasses sales, positions the company for continued growth and record revenues for the year.
Despite a net loss, Vuzix maintains a healthy financial position with no debt and significant cash reserves, enabling future investments and growth initiatives.
The company's focus on expanding sales channels, partnerships, and innovative products like the Ultralite platform presents promising opportunities for revenue growth.
Challenges lie in achieving profitability amidst competition, but Vuzix's strong IP portfolio, operational investments, and upcoming product launches offer avenues for success.

Vuzix reports robust Q2 growth, eyes OEM expansion and AI applications

Vuzix's Q2 performance reflects strong revenue growth, improved profitability, and a robust balance sheet, setting the stage for future expansion.
The company's strategic focus on AI applications, global sales expansion, and OEM products align with industry trends and growth opportunities.
While challenges exist in transitioning to an OEM-centric model and maintaining margins, Vuzix's market positioning and product innovation offer avenues for sustained success.

Vuzix faces Q3 sales challenges but eyes growth opportunities

Vuzix is navigating challenges with cost reductions and operational realignment.
Despite setbacks, the company remains confident in growth opportunities and profitability.
Strong focus on key markets and technological advancements drive Vuzix's future.

Vuzix reports mixed financials for 2023 amidst strategic innovation

Vuzix's financial performance in 2023 showed revenue growth but with significant operational challenges, emphasizing the need for continued cost management.
The company's focus on innovation, cost-cutting, and strategic opportunities signals a proactive stance towards navigating market dynamics and driving growth.
Vuzix's position in the AR smart glasses market, highlighted by CEO Paul Travers, underscores its commitment to technological advancement and market leadership.

Vuzix reports $2M revenue in Q1 2024, focuses on smart glasses solutions

Vuzix's Q1 2024 performance showcased revenue growth and a strategic focus on smart glasses solutions.
While facing challenges in deployment and consumer adoption, the company remains optimistic about future prospects.
Financial stability, cost reduction measures, and market strategies position Vuzix for growth opportunities ahead.

Vuzix (VUZI) Q2 2024 Earnings: Cost Optimization Amid Revenue Challenges

Vuzix is navigating a period of lower revenues by implementing cost-saving measures and focusing on breakeven margin alignment. With a strong IP portfolio and strategic partnerships in the pipeline, the company is poised for growth in the smart glasses market.

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Vuzix Corp, Inc. (VUZI) CEO Paul Travers on Q2 2020 Results - Earnings Call Transcript

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ROCHESTER, N.Y., Aug. 3, 2020 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, announced that Optus, one of Australia's leading wireless services providers, recently.

Australian Telecomm Optus Showcases the Power of its OPTU5G Network and Vuzix Smart Glasses for Remote Support During COVID 19 and Business Continuity into the Future

ROCHESTER, Ny., July 27, 2020 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, is pleased to announce that the Company will host a conference call regarding its second.

Vuzix Schedules Conference Call to Discuss Second Quarter 2020 Financial Results and Business Update

ROCHESTER, N.Y., July 23, 2020 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, today announced that a team of doctors is successfully using the Vuzix M400 Smart Glasses.

Barcelona Hospital Surgeons Now Using Vuzix M400 Smart Glasses to Perform Assisted Gastrointestinal Surgeries on Patients

ROCHESTER, N.Y., July 22, 2020 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, today announced that the Company has formalized a collaborative partnership and resale.

Vuzix and ProGlove Partner to Offer a Combined Hands-Free Scanning Solution to Streamline Workflows for Enterprise Customers

ROCHESTER, N.Y., July 21, 2020 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, announced that the Vuzix M400 Smart Glasses are being used by Bondi Labs with the support.

Vuzix Delivers Smart Glasses to Australian Meat Industry to Assist with Plant Audits During COVID-19 Pandemic

ROCHESTER, N.Y., July 17, 2020 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, today announced the availability of enhanced Zoom and Webex Connector applications for its.

Vuzix Announces Further Enhancements to its Zoom and Webex Connector Applications for its Smart Glasses Specifically for Emergency Rooms, Medical Response and First Responders

ROCHESTER, N.Y., July 16, 2020 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, announced it has delivered a customized commercial and defense avionics waveguide-based.

­­­­Vuzix Delivers Customized Waveguide-Based HMD System to a Global Aerospace Firm to Complete Phase IV of this Product Development Program

ROCHESTER, N.Y., July 13, 2020 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, today announced the recent granting of a series of patents and patents pending, focused on...

Vuzix Highlights its Growing Augmented Reality Smart Glasses Patent Portfolio for Next Generation Smart Glasses

ROCHESTER, N.Y., July 9, 2020 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, today announced that the Company has been selected by Verizon to co-develop a 5G-enabled...

Vuzix Selected by Verizon for Integration with its 5G-enabled EMS Solution to Deliver Enhanced Medical Augmented Reality for First Responders

ROCHESTER, N.Y., July 7, 2020 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses, Augmented Reality (AR) technology and products for the consumer and enterprise markets, is pleased to announce that the Company has...

Vuzix® Delivers Customized Waveguide-based Optics Engine to a Major US Defense Contractor

ROCHESTER, N.Y., July 2, 2020 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, is pleased to announce that its M400 Smart Glasses has received CCC certification for sale...

Vuzix Receives M400 Smart Glasses Certification for China and Will Target COVID-19 Business Continuity Support

ROCHESTER, N.Y., June 30, 2020 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, announce that Pixee Medical, a France-based medical company, in collaboration with Pr....

First Knee Replacement Surgery Successfully Completed Using Augmented Reality Technology from Pixee Medical AR Knee+ and Vuzix M400 Smart Glasses

ROCHESTER, N.Y., June 15, 2020 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, today announced that the Company has issued a June 2020 Letter to Shareholders to provide...

Vuzix Issues Shareholder Letter

ROCHESTER, N.Y., June 12, 2020 /PRNewswire/ -- Vuzix Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, continues to in its current operating quarter see expanding adoption of smart glasses as...

Vuzix CEO provides virtual investor presentation update on business and smart glasses trends

ROCHESTER, N.Y., June 8, 2020 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, today announced that the company will deliver a presentation at the 2020 MoneyShow Virtual...

Vuzix to Present at the MoneyShow Virtual Event

ROCHESTER, N.Y., May 28, 2020 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, today announced that TensorMark, a US cloud-based AI and computer vision technology...

Vuzix Expands Partnership with TensorMark for Facial Recognition Related to COVID-19 Hospital Testing Initiative

ROCHESTER, N.Y., May 20, 2020 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, today announced hands-free voice support for Skype for Business, Zoom and Zoom for...

Vuzix M400 Smart Glasses Now Support Hands-Free Voice Control for Skype for Business, Zoom and Zoom for Healthcare Applications

Vuzix Corporation (VUZI) CEO Paul Travers on Q1 2020 Results - Earnings Call Transcript

Vuzix Corporation's (VUZI) CEO Paul Travers on Q4 2019 Results - Earnings Call Transcript

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Vuzix Corporation (VUZI) CEO Paul Travers on Q3 2019 Results - Earnings Call Transcript

Vuzix's (VUZI) CEO Paul Travers on Q2 2019 Results - Earnings Call Transcript

Vuzix Corporation (VUZI) CEO Paul Travers on Q1 2019 Results - Earnings Call Transcript

News for Vuzix Stock (VUZI)