Vuzix Reports Record 4Q and Full Year Smart Glasses Revenues

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Vuzix Corp. (VUZI) Tops Q4 EPS by 2c, Revenues Beat

March 15, 2021 4:07 PM EDT

Vuzix Corp. (NASDAQ: VUZI) reported Q4 EPS of ($0.09), $0.02 better than the analyst estimate of ($0.11). Revenue for the quarter came in at $4.23 million versus the consensus estimate of $4.01 million.

"2020 was a transformational year for both Vuzix and the AR smart glasses industry as the COVID-19 pandemic has challenged and changed the way companies, organizations and institutions conduct their operations," said Paul Travers, President and CEO of Vuzix. "We experienced further growth in new customer acquisition around the world as more enterprise customers turned to our smart glasses for remote support,... More