Rochester, New York-based VR/AR display manufacturer Vuzix reported fiscal 2Q19 revenues of $2.2 million, down 17% year-over-year and missing the $2.8 million consensus estimate. One bright spot from the quarter, however, was the sales performance of the company’s consumer augmented reality smart glasses products.
Augmenting the Enterprise with AR Smart Glasses
Why AR Smart Glasses? What if you could increase worker efficiency significantly while reducing errors and improving employee safety and satisfaction? AR Smart Glasses provide these advantages for numerous companies who have been quietly experimenting with augmented reality for the past several years. Last month, Deloitte surveyed 500 executives from mid-market companies across various industries and found that 67% are testing … Read More
Vuzix First Quarter Revenue Surpasses $1 Million Led By New Smart Glasses Sales
Vuzix reported $1.2 million in revenue during the first quarter of 2017, surpassing the $1 million mark for the first time since selling its defense division in 2012. Vuzix designs, manufactures, and sells head mounted displays (or HMDs) in the form of Augmented Reality (AR) glasses, Virtual Reality (VR) glasses, and Smart Glasses. The West Henrietta NY-based company’s Smart Glasses … Read More