Vuzix Reports Third Quarter 2024 Results [Globe and Mail, The (Toronto, Canada)]
Vuzix Corporation (VUZI)
Last vuzix corporation earnings: 5/10 04:47 pm
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ir.vuzix.com
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Source: Globe and Mail, The
Reality (AR) technologies, today reported its financial results for the third quarter ended September 30, 2024 , and provided updates on its strategic progress. "During the quarter, Vuzix made meaningful advancements across key areas, including its partnership with Quanta Computer, which delivered the first $10 million tranche of a $20 million multi-phase equity investment. This collaboration is expected to accelerate the development and scaling of next-generation AI smart glasses, expanding Vuzix' reach into the growing OEM market," said Paul Travers , President and CEO of Vuzix. "The Company also continued to scale its waveguide manufacturing capabilities and feels it has a significant competitive advantage given its industry-leading cost efficiency." "At the same time, cost discipline remains a cornerstone of Vuzix' strategy. The Company achieved a 28% year-over-year reduction in quarterly cash operating expenses during the third quarter, enhancing financial efficiency and exte
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VUZI
News
- Vuzix Announces General Availability of Z100 Smart Glasses [Yahoo! Finance]Yahoo! Finance
- Vuzix Announces General Availability of Z100 Smart GlassesPR Newswire
- Vuzix M-Series Smart Glasses Now Certified for Use with Microsoft Intune [Yahoo! Finance]Yahoo! Finance
- Vuzix M-Series Smart Glasses Now Certified for Use with Microsoft IntunePR Newswire
- Vuzix (VUZI) Q3 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
VUZI
Sec Filings
- 11/18/24 - Form 8-K
- 11/14/24 - Form 10-Q
- 11/12/24 - Form SC
- VUZI's page on the SEC website