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Last $5.93 USD
Change Today -0.07 / -1.17%
Volume 39.7K
VUZI On Other Exchanges
As of 4:00 PM 06/3/15 All times are local (Market data is delayed by at least 15 minutes).

vuzix corp (VUZI) Snapshot

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52 Week High
01/28/15 - $7.55
52 Week Low
06/20/14 - $2.10
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Current Stock Chart for VUZIX CORP (VUZI)

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vuzix corp (VUZI) Details

Vuzix Corporation designs, manufactures, markets, and sells wearable display devices in the United States and internationally. The company’s products are worn like eyeglasses that enable the user to view video and digital content, such as movies, computer data, the Internet, or video games through various mobile electronic devices, such as cell phones, laptop computers, tablets, portable media players, and gaming systems. Its products include binocular video eyewear devices comprising two micro displays mounted in a frame attached to eyeglass-style temples; wrap series video eyewear; and noise canceling audio headphones with an HD video visor that creates a wearable home theater experience. The company also offers monocular video eyewear products, including M2000 augmented reality (AR) waveguide based products, which are used for training, manufacturing, maintenance, and other hands-free applications in the industrial sector; and M100, which are monocular pair of smart glasses. In addition, it provides virtual reality products that provide the user with 3D computer simulated environments, which simulate the real or an imaginary world; and AR products, including Wrap 920AR and STAR 1200, which provides a user a live, direct or indirect, view of a physical and real-world environment whose elements are augmented by computer generated sensory input, such as sound, video, graphics, or GPS data. Vuzix Corporation sells its products under the Vuzix Wrap brand name through specialty retailers, catalogue offerings, third party distributors, and resellers, as well as through its Web stores and Websites. The company was formerly known as Icuiti Corporation and changed its name to Vuzix Corporation in 2007. Vuzix Corporation was founded in 1997 and is based in Rochester, New York.

33 Employees
Last Reported Date: 03/31/15
Founded in 1997

vuzix corp (VUZI) Top Compensated Officers

Founder, Chairman, Chief Executive Officer an...
Total Annual Compensation: $274.3K
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $231.1K
Compensation as of Fiscal Year 2014.

vuzix corp (VUZI) Key Developments

HP Visual Remote Guidance Service Uses Vuzix M100 Smart Glasses

Vuzix Corporation announced that its M100 Smart Glasses are now being used in a new HP solution, Visual Remote Guidance (VRG). This solution was announced and showcased at the recent Interop IT Conference & Expo in Las Vegas and is being shown this week at HP Discover 2015 at the Sand Expo and Venetian also in Las Vegas. The Vuzix M100 Smart Glasses are a hands-free display and wearable computer, designed for the enterprise user. The M100 contains a virtual display with an integrated camera and a powerful processing engine. It allows the Android® OS to wirelessly connect via Bluetooth or WiFi directly to most standard networks or to a smartphone or other compatible device. Visual Remote Guidance can be used for live collaboration between customers and remote service engineers via HP MyRoom, enabling real-time voice, video and content sharing. VRG allows a user to securely connect the latest wearable technology, including Vuzix' M100 Smart Glasses, to the enterprise through the cloud.

Vuzix Corporation Reports Earnings Results for the First Quarter Ended March 31, 2015

Vuzix Corporation reported earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported total sales of $809,155 compared to $798,418 a year ago. This increase was achieved despite the planned phasing out of the company's Wrap products and lower revenues from engineering services. Loss from operations was $3,688,466 compared to $993,150 a year ago. Net loss was $5,090,852 compared to net income of $1,511,906 a year ago. The loss was primarily driven by approximately $2,100,000 in non-cash charges for stock and warrant compensation expense and a $1,003,427 loss on mark to market derivative liability valuations versus a $2,575,262 gain in the prior year's first quarter.

Vuzix Corporation, Q1 2015 Earnings Call, May 12, 2015

Vuzix Corporation, Q1 2015 Earnings Call, May 12, 2015


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Price/Sales 26.7x
Price/Book 4.1x
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TEV/Sales 23.4x

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