Home / Earnings / Net loss for Vuzix despite soaring sales (access required)

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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Vuzix Blade

Vuzix unveils Blade smart glasses (access required)

Rochester’s Vuzix Corp. has officially unveiled its newest augmented reality wearable: the Vuzix Blade smart glasses. The android-powered Blade will make its first public appearance at CES 2018, a massive gathering and exposition for all variety of high-tech gadgetry Jan. 9 to 12 in Las Vegas. The Blade has so far won four awards from CES in the fields of fitness, sports and biotech, wireless handset accessories, portable media players and accessories, as well as computer accessories.