Vuzix VUZI reported its Q1 earnings results on Tuesday, May 10, 2022 at 04:01 PM.
Here's what investors need to know about the announcement.
Earnings
Vuzix missed estimated earnings by 6.67%, reporting an EPS of $-0.16 versus an estimate of $-0.15.
Revenue was down $1.41 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.15 which was followed by a 3.84% increase in the share price the next day.
Here's a look at Vuzix's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.12 | -0.13 | -0.10 | -0.10 |
| EPS Actual | -0.27 | -0.13 | -0.14 | -0.12 |
| Revenue Estimate | 3.97M | 3.79M | 4.33M | 3.83M |
| Revenue Actual | 3.31M | 3.02M | 2.92M | 3.92M |
To track all earnings releases for Vuzix visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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