earnings
confidence high
sentiment negative
materiality 0.65
Vuzix Q3 net loss $7.4M; revenue down 16% YoY; receives $5M from Quanta
Vuzix Corp
2025-Q3 EPS reported
-$0.31
revenue$4,037,598
- Net loss $7.4M ($0.09 per share) vs $9.2M ($0.14) a year ago; total revenue $1.2M, down 16% YoY.
- Quanta third tranche received $5M, bringing total investment to $20M; cash at Sept 30 $22.6M.
- Appointed Dr. Chris Parkinson as President, Vuzix Enterprise Solutions; received first wave of PO from leading global online retailer.
- Total operating expenses down 22% YoY; R&D up 26%, S&M down 35%, G&A down 41%.
- Ended quarter with $22.6M cash; working capital $24.3M; net cash used in ops $5.0M vs $5.3M.