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Net loss for Vuzix despite soaring sales (access required)

Vuzix Corp. on Thursday reported a third-quarter net loss of $5.5 million, despite a 140 percent increase in sales. For the quarter ended Sept. 30, the Henrietta developer of smart glasses, augmented reality and virtual reality technologies and products posted revenues of $1.41 million, up from $582,549 in the third quarter last year. The increase primarily ...

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