The Latest Breaking News from Vuzix

Since the Garmin Fenix 8 launched in August 2024, we've seen several leaks suggesting Garmin might sell a "Fenix 8 MicroLED." Despite the convincing evidence, there's reasons to doubt whether Garmin can pull this off, based on Apple and Samsung's struggles with the technology.

Apple's Vision Pro headset isn't the only game in town when it comes to spatial computing. And others are taking different approaches.

Vuzix Corp (NASDAQ:VUZI) reported a first-quarter sales decline of 36.1% year-over-year to $2.5 million, missing the consensus of $3.4 million. The decrease reflected lower sales of Vuzix smart glasses products, a decline of 37% Y/Y. The gross margin contracted to 26% from 28% in 1Q21. The loss from operations widened to $10.41…

The benchmark indices are dropping, given the current geopolitical conflict and rapid rise in oil prices. Amid the market uncertainty, Vuzix (VUZI), Arcimoto (FUV), and AgEagle Aerial Systems (UAVS) might be the ideal picks for shorting this month, as they are trading at lofty valuations, despite their bleak fundamentals.

Benzinga Pro data, Vuzix (NASDAQ:VUZI) reported Q4 sales of $3.31 million. Earnings fell to a loss of $17.01 million, resulting in a 114.1% decrease from last quarter.

Vuzix (NASDAQ:VUZI) reported its Q4 earnings results on Tuesday, March 1, 2022 at 04:01 PM. Here's what investors need to know about the announcement. Earnings Vuzix missed estimated earnings by 125.0%, reporting an EPS of $-0.27 versus an estimate of $-0.12.

Vuzix (NASDAQ:VUZI) is set to give its latest quarterly earnings report on Tuesday, 2022-03-01. Here's what investors need to know before the announcement. Analysts estimate that Vuzix will report an earnings per share (EPS) of $-0.12.