Vuzix (VUZI) to Release Earnings on Thursday

Vuzix (NASDAQ:VUZI) is set to issue its quarterly earnings data after the market closes on Thursday, May 9th. Parties that wish to listen to the company’s conference call can do so using this link.

Vuzix (NASDAQ:VUZI) last announced its quarterly earnings results on Monday, April 15th. The company reported ($0.32) EPS for the quarter. Vuzix had a negative net margin of 413.47% and a negative return on equity of 51.52%. The company had revenue of $1.07 million during the quarter.

Vuzix Price Performance

Vuzix stock opened at $1.25 on Wednesday. The firm has a market capitalization of $80.91 million, a price-to-earnings ratio of -1.58 and a beta of 1.86. The company’s 50 day simple moving average is $1.37 and its 200 day simple moving average is $1.88. Vuzix has a fifty-two week low of $1.10 and a fifty-two week high of $6.06.

Analyst Upgrades and Downgrades

Separately, Craig Hallum reduced their price target on shares of Vuzix from $3.50 to $3.00 and set a “buy” rating on the stock in a research report on Tuesday, April 16th.

Insider Buying and Selling at Vuzix

In other Vuzix news, Director Timothy Heydenreich Harned acquired 20,000 shares of the business’s stock in a transaction dated Monday, April 22nd. The shares were acquired at an average price of $1.31 per share, for a total transaction of $26,200.00. Following the acquisition, the director now directly owns 186,016 shares of the company’s stock, valued at approximately $243,680.96. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Over the last ninety days, insiders acquired 42,000 shares of company stock valued at $54,375. Company insiders own 8.20% of the company’s stock.

About Vuzix

Vuzix Corporation, together with its subsidiaries, designs, manufactures, markets, and sells augmented reality (AR) wearable display and computing devices in North America, Europe, the Asia-Pacific, and internationally. It provides monocular smart glasses for enterprise, industrial, commercial, defense and security, and medical markets; Vuzix Z100, Vuzix Blade, and Vuzix Shield smart glasses; original equipment manufacturer waveguide optics and display engines; and Mobilium logistics mobility software, which removes traditional middleware, and supports various ERP systems and modern-day warehouse picking with wearable devices, as well as custom solutions and engineering solutions.