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• Vuzix Corp VUZI.OQ reported a quarterly adjusted loss of 62 cents​​ per share for the quarter ended in June, lower than the same quarter last year, when the company reported EPS of -14 cents. The mean expectation of two analysts for the quarter was for a loss of 10 cents per share. Wall Street expected results to range from -12 cents to -8 cents per share.

• Revenue fell 76.7% to $1.09 million from a year ago; analysts expected $2.55 million.

• Vuzix Corp shares had fallen by 26.6% this quarter and lost 52.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and "sell" or "strong sell."

• The average consensus recommendation for the electronic equipment & parts peer group is "hold."

Wall Street's median 12-month price target for Vuzix Corp is $3.00

This summary was machine generated from LSEG data August 15 at 04:55 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)