Vuzix (NASDAQ:VUZI) Announces Earnings Results

Vuzix (NASDAQ:VUZI) released its quarterly earnings data on Thursday. The company reported ($0.16) EPS for the quarter, Zacks reports. Vuzix had a negative net margin of 1,437.17% and a negative return on equity of 139.39%.

Vuzix Stock Down 4.8 %

NASDAQ VUZI traded down $0.11 during trading hours on Thursday, hitting $2.18. 1,582,397 shares of the company were exchanged, compared to its average volume of 2,143,264. Vuzix has a 52 week low of $0.83 and a 52 week high of $5.79. The stock has a 50-day moving average price of $3.57 and a 200 day moving average price of $2.42. The stock has a market cap of $160.48 million, a PE ratio of -1.76 and a beta of 1.64.

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.