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Benzinga

Recap: Vuzix Q1 Earnings

Vuzix (NASDAQ:VUZI) reported its Q1 earnings results on Tuesday, May 10, 2022 at 04:01 PM.

Here's what investors need to know about the announcement.

Earnings

Vuzix missed estimated earnings by 6.67%, reporting an EPS of $-0.16 versus an estimate of $-0.15.

Revenue was down $1.41 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.15 which was followed by a 3.84% increase in the share price the next day.

Here's a look at Vuzix's past performance:

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate -0.12 -0.13 -0.10 -0.10
EPS Actual -0.27 -0.13 -0.14 -0.12
Revenue Estimate 3.97M 3.79M 4.33M 3.83M
Revenue Actual 3.31M 3.02M 2.92M 3.92M

To track all earnings releases for Vuzix visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.