Vuzix Corporation (VUZI)

[temeku999]

Anyone know what this conference call tomorrow is about?

[uksausage]

revenues down 36% YoY. not good.
Blaming on supply issues mostly as their order book is good.

They have to start booking significantly higher revenues - orders of magnitude - since their overheads are currently 4 x revenues and 16 times gross profit.

Disappointed indeed, getting some publicity from their early adopters would be huge as competitors entering the market.

[Giovanni]

What is going on here? Thank you

[uksausage]

we seem to have a never ending stream of good news.

stick is trying to respond, the valuation is pitiful against others with no product or customers.

coud be a good time to add more as well need to break and close above 7.00, 20DMA has crossed 50 which is a good sign

[rgend]

Just picked up another 500 shares. Averaged down. I'm a believer in Paul and the company. Hope to hear some good news. Good luck to all.

[Dano10]

I’m very happy with what is happening with VUZI, and with where things are arriving with AR / VR and all the unique variants looking to stand out in some way as well.

Even with excitement starting, this is still an area that is not comprehended by the general public, …yet.

Exciting times for sure, even with all the uncertainties, disagreements, hardships and pain, there is a tremendous amount of good in the world.

This still budding industry is ready to go, and VUZI is a great part of the long view.

Paul Travers and team have done a great job getting things going!

[rgend]

Vuzix Shield: Revolutionary Smart Glasses Promising Safety And Game-Changing Technology
By Nica Osorio
@techcentrik

03/01/22 AT 2:06 AM


https://www.ibtimes.com/vuzix-shield-revolutionary-smart-glasses-promising-safety-game-changing-technology-3417126

[wabadon]

Good news this morning.

ROCHESTER, N.Y., Dec. 21, 2021 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, today announced the Company has received a recent further follow-on purchase order for Vuzix Smart Glasses for immediate delivery from AMA (EURONEXT GROWTH: ALAMA), a Vuzix Value-Added Reseller (VAR) and pioneer in remote assistance solutions.

$VUZI

wabadon

[wEaReLeGiOn]

Rest in peace my old friend.

There has never been a time in my life

where I did not give back to the Lord
and He comes back with more of His
Glorious riches through Christ Jesus,
sometimes even tenfold.

I have to watch myself here, for I
promise, I do not boast.

This is all for Him

This night, Good Friday, up to Easter Sunday;
the evenings are often solemn, the weather
cooler than usual, stillness, tornado like
weather; and later, peals of earsplitting
thunder. Jesus Christ died for all of us,
and said

"It is finished."

Jesus did His part. Us, we believe and
we are Saved. We reject Christ and we
will be separated from God forever.

The Cornerstone of Christianity is the Resurrection.
Without it our Faith would be nothing. With it
we are in the Book of Life.

I'm so excited, for my time is near. Until then,
I know what my mission is.

Romans 8:28

"And we know that in all things God
works for the good of those who love
him, who have been called according
to his purpose."

Come Lord Jesus, Come ! Amen

Briboy


__________________________________________________

[midnighttrains]

I thought that these glasses were made by vuzi for apple?

[buylosellhi]

No, the n421 is a codename for glasses that Apple is reportedly making.

[midnighttrains]

Is VUZI the maker of the n421?

[wabadon]

What happened??

$VUZI

wabadon

[ming1234]

target 20$+

[midnighttrains]

Looks like this will be the stock to own AR glasses.....AAPL.

[rgend]

AR Glass Market is Going to Boom with Microsoft, Google, Vuzix, Qualcomm

Date
10/6/2021 6:20:51 PM

https://menafn.com/1102929617/AR-Glass-Market-is-Going-to-Boom-with-Microsoft-Google-Vuzix-Qualcomm

[Good Timer]

It does help. Thank you. I am also in ZEV and was pleasantly surprised today. I'm a bit overweighted in VUZI now so will probably move some over to PLUG if it doesn't rebound soon.

[uksausage]

I am pretty diversified - PLUG is only 50% of my portfolio which contains a number of non-EV/H2 companies like SHOP TTD OKTA TWLO AXON as real long term holds

My more diverse companies are mostly all down 50% or so as I don't really trade them. VUZI fits in there alongside companies like RIDE, NKLA and ARVL and even SIRC. I was lucky to be in GEVO early (a certain Board member helps)

The beauty of these companies is that they can move significantly faster than PLUG now. As demonstrated by ZEV today up 50%. if you trade them you miss out on that initial pop.

I always say have they done anything wrong, lost business, had product issues etc.? All I see with VUZI is that they haven't had the capacity to meet the order demand. no indication that the back log is reduced due to orders being cancelled. So in the long run I expect them to deliver.

Of course if you are looking short term (rest of this year) then PLUG is far better - I just loaded up on Dec call options using all the spare cash I had in my accounts.

Hope that helps you and anyone else.

[Good Timer]

What's your opinion, uk, stay diversified with VUZI and PLUG..or plow it all into PLUG?

I'm really at a loss now on whether or not to stay with this company.

[uksausage]

Agree

besides paying themselves too early with share incentives - should be on making a profit...

does this:

initiating the necessary augmentations to our operations to effectively support these customers with large-scale deployments of Vuzix Smart Glasses and we have also set the foundation for certain other markets that are showing leadership in broad-based smart glasses deployments.

mean they are increasing manufacturing capacity?

if so why dont they say that

may be that's why they aren't selling hand over fist

[Good Timer]

There was nothing in that earnings report that deserves rewarding. I had thought they would be selling glasses hand over fist by now.

[Good Timer]

The market seems primed to reward an earnings beat. Let's hope earnings are good today.

[Good Timer]

https://d2iankuf53zudv.cloudfront.net/Content/Upload/PDFs/07_22_2021_Vuzix_2Q2021_Earnings_Call_Notice_Final.pdf

Vuzix Schedules Conference Call to Discuss Second Quarter 2021
Financial Results and Business Update

ROCHESTER, NY, July 22, 2021 – Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, is pleased to
announce that the Company will host a conference call regarding its second quarter 2021 operating results at 4:30 PM Eastern Time (ET), August 9, 2021.

To join the live conference call, please dial 877-709-8150 (U.S. and Canadian callers) or 201-689-8354 (international callers outside of the U.S. and Canada) 10 to 15 minutes prior to the scheduled call time.
Participants can also click this link for instant telephone access to the event. The link will become active approximately 15 minutes prior to the start of the conference call.

Additionally, a live and archived webcast of the conference call will be available on the investor relations page of the Company's website at: https://ir.vuzix.com/ or directly at https://78449.themediaframe.com/dataconf/productusers/VUZI/mediaframe/45964/indexl.html
Participating on the call will be Vuzix Chief Executive Officer and President Paul Travers and Chief Financial Officer Grant Russell, who will discuss operational and financial highlights for the quarter ended June 30, 2021.

Investors who would like to submit questions to management for response during the call’s Q&A session, time permitting, can do so by emailing Ed McGregor at [e-mail] prior to the start of the call.
Telephonic and webcast replays will be available for 30 days starting on August 9, 2021 at approximately 5:30 PM (ET). To access the telephonic replay, please dial 877-660-6853 in the U.S. or Canada and 201-612-7415 for international callers. The conference ID# is 13721661.

About Vuzix Corporation
Vuzix is a leading supplier of Smart Glasses and Augmented Reality (AR) technologies and products for the consumer and enterprise markets. The Company's products include personal display and wearable computing devices that offer users a portable high-quality viewing experience, provide solutions for mobility, wearable displays and augmented reality. Vuzix holds 210 patents and patents pending and numerous IP
licenses in the Video Eyewear field. The Company has won Consumer Electronics Show (or CES) awards for innovation for the years 2005 to 2021 and several wireless technology innovation awards among others.
Founded in 1997, Vuzix is a public company (NASDAQ: VUZI) with offices in Rochester, NY, Oxford, UK, and Tokyo, Japan. For more information, visit Vuzix website, Twitter and Facebook pages

[Good Timer]

This investor shareholder presentation is well done:

[Good Timer]

Thanks Giovanni.

[Giovanni]

Here you go:

Vuzix Blade Smart Glasses Successfully Supporting ...https://www.prnewswire.com › news-releases › vuzix-bl...
May 7, 2021 — (PRNewsfoto/Vuzix Corporation). News provided by. Vuzix Corporation ... Medacta is now using Vuzix Smart Glasses to drive new applications ...

Vuzix Blade Smart Glasses Successfully Supporting ...https://ir.vuzix.com › news-events › press-releases › detail
May 7, 2021 — Vuzix Blade Smart Glasses Successfully Supporting Medacta's NextAR ... US in 2020, Medacta is now using Vuzix Smart Glasses to drive new applications to ... The Company's products include personal display and wearable ...

[Good Timer]

Good find, rgend. I notice they don't mention Vuzix, so their platform must work with competitors glasses also. Are there any competitors yet?

[rgend]

Here is a May 27, 2021 press release from Medacta on NextAR


Medacta Announces the Registration of the Knee, Shoulder and Spine Applications of its NextAR Augmented Reality Surgical Platform in Europe, and the Shoulder Application to the American Market

https://www.medacta.us.com/EN/press?newsID=2100979

[Good Timer]

Vuzix just increased their dominance in the medical industry.

Vuzix Smart Glasses Expand AR Surgical Product Presence to Support Shoulder, Knee and Spine Surgeries

- NextAR surgical AR platform developed by Medacta International receives CE marking for knee, shoulder and spine applications.
- NextAR surgical AR platform receives US Food and Drug Administration (FDA) clearance for shoulder application.

ROCHESTER, N.Y., June 9, 2021 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, today announced the market expansion to support the NextAR surgical AR platform developed by Medacta International, one of the world's largest providers of innovative orthopedic products focusing on healthcare sustainability. Having used the Vuzix Blade to complete the first smart glasses-based total knee replacement in the US in 2020, Medacta recently received its CE marking for knee, shoulder and spine applications for its NextAR Augmented Reality Surgical Platform in Europe and US Food and Drug Administration (FDA) clearance for shoulder application. CE marking is an administrative marking with which the manufacturer or importer affirms its conformity with European health, safety, and environmental protection standards for products sold within the European marketplace.

The NextAR platform employs a preoperative scan, with proprietary algorithms that create a personalized biomechanical model for each replacement. Surgeons equipped with Vuzix Blade Smart Glasses can then access biomechanical visualizations using augmented reality in real time, without having to divert their eyes from the procedure to glance at a computer screen. NextAR's smart delivery tools may improve efficiency in computer-assisted surgery by offering a compact solution that avoids the need for a bulky external detection platform. With a low upfront capital investment and overall lower cost per case compared to other technologies, this translates into greater efficiency in the operating room, which is particularly relevant for US Ambulatory Surgery Centers (ASCs).

"We're proud to provide the hardware backbone for Medacta's NextAR platform as it continues to branch into new surgical applications which now include knee, shoulder and spine in Europe and knee and shoulder in the United States," said Paul Travers, President and Chief Executive Officer at Vuzix. "The Vuzix Smart Glasses are lightweight, comfortable and completely wireless, which means surgeons have complete freedom of movement and can wear them for extended operations."

https://ir.vuzix.com/news-events/press-releases/detail/1895/vuzix-smart-glasses-expand-ar-surgical-product-presence-to

[Good Timer]

Here is the company's press release. They are being added to the Russell 2000 and 3000. I feel better now.

Augmented Reality and Smart Glasses Innovator Vuzix to Be Added to Russell 3000 and Russell 2000 Indexes

ROCHESTER, N.Y., June 9, 2021 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, today announced that it is set to join the broad-market Russell 3000® Index at the conclusion of the 2021 Russell indexes annual reconstitution, effective after the US market opens on June 28, according to a preliminary list of additions posted June 4.

Vuzix’ Next Generation Product Development

Vuzix is engaged in the design, manufacture, marketing and sale of augmented reality wearable display and computing devices. These display devices are worn like eyeglasses and typically include cameras, sensors, and a computer that enable the user to view, record and interact with video and digital content, allowing their wearers to interact and perform work hands-free. The key growth areas for the Company and its products currently are in the enterprise, medical, consumer electronics, OEM, defense and security markets where we help our customers increase productivity; eliminate travel costs; lower carbon footprint; improves worker safety and protect worker health. With the industry's broadest product line of smart glasses, Vuzix is now working on it next generation products which include its see-through waveguide optics while implementing the latest micro-LED display technology, as pictured below.

Annual Russell indexes reconstitution captures the 4,000 largest US stocks as of May 7, ranking them by total market capitalization. Membership in the US all-cap Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index as well as the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.

"We are pleased to see our shares added to the Russell Indexes, one of the leading market performance benchmarks in North America," said Paul Travers, Vuzix Chief Executive Officer. "We view this as an important milestone and one that demonstrates Vuzix' growing market leadership and enterprise value. At the same time, we feel this should help raise awareness and the appeal of Vuzix within the institutional investment community."

Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $10.6 trillion in assets are benchmarked against Russell's US indexes. Russell indexes are part of FTSE Russell, a leading global index provider.

For more information on the Russell 3000® Index and the Russell indexes reconstitution, go to the "Russell Reconstitution" section on the FTSE Russell website.

https://ir.vuzix.com/news-events/press-releases/detail/1894/augmented-reality-and-smart-glasses-innovator-vuzix-to-be

[rgend]

Here is 2021 updated one

https://content.ftserussell.com/sites/default/files/russell_3000_index_additions_-_2021.pdf

https://www.ftserussell.com/resources/russell-reconstitution

[Good Timer]

It appears so. Good catch and I'm sorry for the bad information.

[buylosellhi]

This was from 3 years ago?

[Good Timer]

Vuzix Set To Join The Russell 2000 And 3000 Index
By Nikholai Koolonavich Last updated Jun 24, 2018

One of the most recognised names in the field of enterprise-focused augmented reality (AR) technology, Vuzix, has announced that it is set to join the broad-market Russell 2000 Index, along with the Russell 3000 Index. This will occur at the conclusion of the Russell U.S. Indexes annual reconstitution, effective after the U.S market opens on June 25th.

The FTSE Russel is a leading global index provider creating and managing a wide range of indexes, data and analytic solutions. With coverage of 9% of the investable market, FTSE Russell indexes offer a true picture of the global markets, combined with their specialist knowledge gained from developing local benchmarks for use around the world.

“We are delighted to see our shares included in the Russell 2000 Index, one of the market’s leading performance benchmarks,” said Paul Travers, Vuzix Chief Executive Officer. “We view this as an important milestone that will help raise awareness of Vuzix within the institutional investment community. We expect the inclusion in the index, combined with the strong momentum that our business is experiencing, to be positive for our shares. We anticipate many benefits from our inclusion in the index, including increased liquidity and wider exposure to institutional investors.”

Russell U.S indexes are widely used by investment managers and institutional investors as the basis for index funds and as a benchmark for active investment strategies. Vuzix’s membership in the Russell 2000 Index will remain in place for one year, with membership being determined by Russell based primarily by objective, market-capitalization rankings and style attributes. By joining the broad-market, Vuzix will possibly see a range of benefits that could help the company grow and develop.

Vuzix have been rather busy lately with the recent appointment of two new Vice President positions along with launching a developer center for their Vuzix Blade AR Smart Glasses. The company continues to build it’s reputation into being a global leader within the enterprise-focused AR field, delivering outstanding performance and quality to their customers.

As Vuzix continue to push their brand and products deeper into the market, supporting their industry-leader status, VRFocus will be sue to bring you all the latest so make sure to stay tuned for more.

https://www.vrfocus.com/2018/06/vuzix-set-to-join-the-russell-2000-and-3000-index/

[Good Timer]

By a good bit. Hopefully it can hold it. I feel like the negative pressure is easing off of all my growth stocks.

[buylosellhi]

I just noticed AH share price, already over $20 again.

[Good Timer]

I agree. Somebody over on StockTwits said the Russell 2000 will rebalance this Friday. VUZI isn't currently included in it but I expect they will be this time. That should take a few shares out of the float.

I don't know when the shares will be bought, or how many, but we'll know if VUZI is picked very soon.

[buylosellhi]

This stock is still relatively undiscovered. Once it is volume will push the share price to $40 imho.

[Good Timer]

Vuzix M400 and M4000 Smart Glasses Receive Medical Electric Equipment EMC Safety Standard Certification
12:20 PM ET 6/2/21 | Dow Jones

ROCHESTER, N.Y., June 2, 2021 /PRNewswire/ -- Vuzix(R) Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, today announced that the Vuzix M400 and M4000 Smart Glasses have received IEC 60601-1-2:2014 certification as medical electrical equipment meeting EMC safety standards. This certification applies to the basic safety and essential performance of medical equipment and systems in the presence of electromagnetic disturbances and to electromagnetic disturbances emitted by such equipment and systems, and relates to use in professional healthcare facilities, home healthcare and other special environments.

"Since the onset of COVID-19, Vuzix Smart Glasses have been called upon in healthcare to support medical device manufacturers and their operating room technicians, doctors in the operating room for training and mentoring during surgery and medical professionals to provide support and care for patients such as virtual rounds and wound diagnosis, " said Paul Travers, President and Chief Executive Officer of Vuzix. "Obtaining IEC 60601-1-2:2014 certification for the Vuzix M400 and M4000 Smart Glasses is an important step in helping our customers address safety and compliance requirements and will help accelerate our healthcare business."

[buylosellhi]

https://www.prnewswire.com/news-releases/vuzix-receives-new-orders-for-over-1-2-million-of-smart-glasses-from-rods--cones-to-support-virtual-surgical-collaboration-rollout-301297810.html

[buylosellhi]

AR is the next big thing, this price is like buying Amazon in the first few years of going public. If Vuzix does this right we are looking at a $500 stock in the making.

[Good Timer]

Here's the video from today's news release:

https://d24z0o580end1w.cloudfront.net/videos/VUZIX-Kingsman-v3.mp4

[buylosellhi]

Agreed, this is a $30 - $35 stock in no time.

[Good Timer]

Your first post was to strengthen and uphold me? Thank you, Darfus. I am still holding strong.

[buylosellhi]

Remember, this stock has a $30 price target and it has hit that in the past 90 days. This is a good time to add.

[Darfus]

Hang tough! I know how you feel!!! This is a great Company with a great future PROFIT and Sales outlook, that will be reflected in share price after the next quarter report comes out. Patience!

[Good Timer]

Vuzix reports record quarterly revenues, 177% higher than last year's quarter, and the stock price falls as much as 21% in the 2 days since.

I wonder what kind of revenue it would have taken to impress this current market?

I'm beginning to think the best move might be to take my staggering losses in all the great companies I'm invested in and wait until a new administration that wants to see America succeed takes over.

[buylosellhi]

Earnings tomorrow, with the current price and decent earnings this could head back to $30

[Good Timer]

I hope so too. I've got a good load of May $19 calls I bought after the initial drop after the public offering. I'm confident you'll be in the money by the end of next week. Good luck! I'm carrying lots of leaps to back it all up.

[uksausage]

Definitely need the earnings report. I have July $30 calls as well as shares. Think the next leg up will be big, just hope it’s befor eJuly.