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VUZI

Vuzix Corporation

$9.06

Earnings Summary

Revenue
$2.5Mn
Net Profits
$-10.51Mn
Net Profit Margins
-419.73%

Highlights

Revenue:

Vuzix Corporation’s revenue fell -36.07% since last year same period to $2.5Mn in the Q1 2022. On a quarterly growth basis, Vuzix Corporation has generated -24.48% fall in its revenue since last 3-months.

Net Profits:

Vuzix Corporation’s net profit fell -58.24% since last year same period to $-10.51Mn in the Q1 2022. On a quarterly growth basis, Vuzix Corporation has generated 38.24% jump in its net profits since last 3-months.

Net Profit Margins:

Vuzix Corporation’s net profit margin fell -147.52% since last year same period to -419.73% in the Q1 2022. On a quarterly growth basis, Vuzix Corporation has generated 18.23% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Vuzix Corporation post its latest quarter earnings

EPS Estimate Current Quarter
-0.15
EPS Estimate Current Year
-0.15

Highlights

EPS Estimate Current Quarter:

Vuzix Corporation’s earning per share (EPS) estimates for the current quarter stand at -0.15 - a 0% jump from last quarter’s estimates.

EPS Estimate Current Year:

Vuzix Corporation’s earning per share (EPS) estimates for the current year stand at -0.15.

Key Ratios

Key ratios of the Vuzix Corporation post its Q1 2022 earnings

Earning Per Share (EPS)
-0.16
Return on Assets (ROA)
-0.25
Return on Equity (ROE)
-0.42
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Vuzix Corporation’s earning per share (EPS) fell -33.33% since last year same period to -0.16 in the Q1 2022. This indicates that the Vuzix Corporation has generated -33.33% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Vuzix Corporation’s return on assets (ROA) stands at -0.25.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Vuzix Corporation’s return on equity (ROE) stands at -0.42.

Dividend Per Share (DPS):

Vuzix Corporation declared 0 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-10
-0.15
-0.16
-6.67%

Company Information

Vuzix is a leading supplier of Smart-Glasses and Augmented Reality (AR) technologies and products for the consumer and enterprise markets. The Company's products include personal display and wearable computing devices that offer users a portable high-quality viewing experience, provide solutions for mobility, wearable displays and augmented reality. Vuzix holds 179 patents and patents pending and numerous IP licenses in the Video Eyewear field. The Company has won Consumer Electronics Show (or CES) awards for innovation for the years 2005 to 2020 and several wireless technology innovation awards among others. Founded in 1997, Vuzix has offices in Rochester, NY, Oxford, UK, and Tokyo, Japan.

Organisation
Vuzix Corporation
Headquarters
West Henrietta, New York, US
Employees
99
Industry
Electronic Technology
CEO
Paul Travers