Vuzix (VUZI) Scheduled to Post Quarterly Earnings on Thursday

Vuzix (NASDAQ:VUZI) is scheduled to be releasing its earnings data after the market closes on Thursday, May 9th. Parties interested in participating in the company’s conference call can do so using this link.

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

Vuzix Stock Performance

VUZI opened at $1.25 on Wednesday. The company has a market cap of $80.91 million, a price-to-earnings ratio of -1.58 and a beta of 1.86. Vuzix has a one year low of $1.10 and a one year high of $6.06. The business’s fifty day moving average is $1.37 and its two-hundred day moving average is $1.88.

Analyst Ratings Changes

Separately, Craig Hallum decreased their price objective 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 Activity

In related news, Director Timothy Heydenreich Harned bought 20,000 shares of Vuzix stock in a transaction that occurred on Monday, April 22nd. The shares were purchased at an average price of $1.31 per share, with a total value of $26,200.00. Following the purchase, the director now owns 186,016 shares in the company, valued at $243,680.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have acquired 42,000 shares of company stock worth $54,375 over the last ninety days. 8.20% of the stock is currently owned by insiders.

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.