EssilorLuxottica: Ray-Ban Meta Glasses Continue To Impress [Seeking Alpha]
ESSILOR LXTTCA UNSP/ADR (ESLOY)
NASDAQ:AMEX Investor Relations:
essilor.com/en/investors
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Source: Seeking Alpha
2.85K Follower s Follow Play 10min Summary EssilorLuxottica's Q3 2024 earnings report showed resilience with €6.43 billion in revenue, driven by good demand in China despite the economic slowdown. The partnership with Meta for Ray-Ban smart glasses has significantly boosted investor interest, with 700,000 units sold and promising future growth. Strategic acquisitions of Supreme and Heidelberg Engineering aim to diversify revenue streams and innovate the eyewear market, potentially revolutionizing eye exams. The collaboration with Meta is set to last long-term, integrating AI features and pioneering a new market for smart eyewear. D-Keine/E+ via Getty Images EssilorLuxottica ( OTCPK:ESLOF ) is a French company known worldwide for its lenses, frames, and sunglasses. Recently, Q3 2024 was released, and the market reacted positively with +3%. Seeking Alpha Over the past year, the stock has performed very well (+37.53%), and more and more investors are getting inte
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