|Bid||5.64 x 1200|
|Ask||5.95 x 2900|
|Day's range||5.74 - 6.21|
|52-week range||3.88 - 16.20|
|Beta (5Y monthly)||2.18|
|PE ratio (TTM)||N/A|
|Earnings date||07 Nov 2022 - 11 Nov 2022|
|Forward dividend & yield||N/A (N/A)|
|1y target est||12.00|
Shares of Vuzix (NASDAQ: VUZI), a smart-glasses and augmented reality company, soared today after the company reported its second-quarter financial results. While the company's bottom line missed Wall Street's expectations, Vuzix's revenue outpaced analysts' consensus estimate in the quarter. Vuzix reported a second-quarter non-GAAP (adjusted) loss of $0.16 per share, down from a loss of $0.15 in the year-ago quarter and missing Wall Street's average estimate of a loss of $0.15.
With us today are Vuzix CEO, Paul Travers; and CFO, Grant Russell. Before I turn the call over to Paul, I would like to remind you that on this call, management's prepared remarks may contain forward-looking statements which are subject to risks and uncertainties, and management may make additional forward-looking statements during the question-and-answer session.
Vuzix (VUZI) delivered earnings and revenue surprises of 5.88% and 20.32%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?