Vuzix (VUZI) Scheduled to Post Earnings on Thursday

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

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

Vuzix Stock Performance

VUZI stock opened at $1.16 on Thursday. The firm’s 50-day moving average is $1.14 and its two-hundred day moving average is $1.23. The company has a market capitalization of $85.39 million, a price-to-earnings ratio of -0.91 and a beta of 1.51. Vuzix has a 52 week low of $0.83 and a 52 week high of $3.48.

Wall Street Analyst Weigh In

Separately, Craig Hallum decreased their price target on Vuzix from $3.00 to $2.00 and set a “buy” rating for the company in a research note on Thursday, August 15th.

About Vuzix

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.