Vuzix (NASDAQ:VUZI) reported its Q3 earnings results on Monday, November 8, 2021 at 04:01 PM.
Here’s what investors need to know about the announcement.
Earnings
Vuzix reported in-line EPS of $-0.13 versus an estimate of $-0.13, which did not surprise analysts.
Revenue was up $240,000 from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.04, which was followed by a 7.22% drop in the share price the next day.
Here’s a look at Vuzix’s past performance:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | -0.10 | -0.10 | -0.11 | -0.12 |
| EPS Actual | -0.14 | -0.12 | -0.09 | -0.13 |
| Revenue Estimate | 4.33M | 3.83M | 4.01M | 3.16M |
| Revenue Actual | 2.92M | 3.92M | 4.23M | 2.78M |
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