Vuzix Narrows Loss in Fiscal Q2

Vuzix (NASDAQ:VUZI), a specialist in smart glasses and augmented reality (AR) technology, released its second quarter fiscal 2025 earnings on August 14, 2025. The most significant news: the company narrowed its net loss per share to ($0.10) (GAAP), which was better than the anticipated ($0.12) (GAAP), outperforming expectations by 16.7% (GAAP). However, revenue (GAAP) came in at $1.3 million, missing analysts’ GAAP forecast of $1.628 million by 20.4%. The company continues to post negative gross margins (GAAP) due to inventory write-downs and manufacturing overhead, even as hardware sales climbed. For the quarter, Vuzix showed disciplined expense control and incremental operational progress. Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report. Vuzix develops and sells smart glasses and related AR technologies aimed at enterprise, medical, defense, and consumer applications. The company’s hardware platforms, like the M400 smart glasses, are designed to support hands-free computing, data visualization, and AI-driven applications in the workplace and beyond. Central to its business is proprietary waveguide technology that allows for lightweight, high-performance AR displays.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool