Form 10-Q Vuzix Corp For: Sep 30
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BTIG Downgrades Vuzix Corp. (VUZI) to Neutral
November 10, 2023 6:38 AM ESTBTIG analyst Matt VanVliet downgraded Vuzix Corp. (NASDAQ: VUZI) from Buy to Neutral.
The analyst comments "Vuzix reported 3Q23 results on Thursday, November 9, AMC that came in ~51% below our estimates for revenue at $2.18mn. Smart glasses sales falling 46% y/y were the catalyst for the miss and while Mgmt believes... More
