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Vuzix Corporation - VUZI STOCK NEWS

Welcome to our dedicated news page for Vuzix Corporation (Ticker: VUZI), a resource for investors and traders seeking the latest updates and insights on Vuzix Corporation.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Vuzix Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Vuzix Corporation's position in the market.

News
Vuzix Schedules Conference Call to Discuss Fourth Quarter and Full Year 2023 Financial Results and Business Update
Rhea-AI Summary
Vuzix Corporation (VUZI) to host conference call on Q4 and full year 2023 results, featuring CEO and CFO. Webcast and telephonic replays available for 30 days.
Rhea-AI Impact
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End-of-Day
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earnings
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2024 State of the Industry Brief on Warehouse Picking Supports a Strong Future Demand for Augmented Workforce
Rhea-AI Summary
Vuzix Corporation partners with Incisiv to release a 2024 industry brief on revolutionizing fulfillment operations with workforce augmentation. The report highlights the growing importance of AR technology in warehouse operations and the integration of human labor with innovative technologies for improved productivity.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.95%
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News
Vuzix Wholly Owned Subsidiary Moviynt to Showcase Breakthrough AI and Machine Learning Powered AR Smart Glasses Technology at Modex 2024
Rhea-AI Summary
Vuzix Corporation, a leading smart glasses and AR technology supplier, announces Moviynt, its subsidiary, showcasing AI and machine learning on Vuzix AR smart glasses at Modex 2024. Moviynt integrates wearable tech solutions to enhance warehousing and logistics efficiency, reducing errors and providing real-time feedback.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.67%
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AI
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Vuzix To Showcase Cutting-Edge AR Smart Glasses Technology at Mobile World Congress Barcelona 2024
Rhea-AI Summary
Vuzix Corporation to showcase Vuzix Z100 smart glasses at MWC24 with Nulitics and Wideum, highlighting object recognition and AI-enabled software solutions. The Z100 features Ultralite OEM platform capabilities, including content privacy guard and vision-correction technology. Nulitics will demonstrate IoT 3D digital twins visualization and SLAM-based machine learning on Vuzix Shield.
Rhea-AI Impact
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End-of-Day
-0.65%
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Vuzix Expands Its Market Leadership in Optical Waveguides with the Addition of Integrated Vision Correction Prescriptions
Rhea-AI Summary
Vuzix CEO Paul Travers announced the company's ability to supply optical waveguides with integrated vision correction prescriptions, expanding the applicability of AR smart glasses. The company has begun demonstrating this capability to potential OEM customers and is establishing the infrastructure to support high-volume production. The prescription lenses will initially support a range of +2D to -8D diopters but will ultimately support any prescription. Vuzix also announced the formation of an Ophthalmic Advisory Board to ensure compliance with FDA standards and regulations. CEO Paul Travers will be presenting at SPIE Photonics West to discuss critical considerations for smart glasses, including prescriptions, privacy, weight, wearability, and scalability factors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.21%
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Vuzix Announces That NTT QONOQ Now Supports the Use of Its NTT XR Real Support Solution on Vuzix M400 Smart Glasses
Rhea-AI Summary
Vuzix Corporation, a leading supplier of smart glasses and AR technology, announced a partnership with NTT QONOQ, the XR arm of NTT Group, to support the use of its NTT XR Real Support solution on Vuzix M400 smart glasses. The solution aims to address labor force challenges in Japan's infrastructure and manufacturing industries by leveraging mixed reality technology to facilitate remote operation, decrease the number of on-site workers, reduce downtime, and shorten training times.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.91%
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none
News
Vuzix Establishes Ophthalmic Advisory Board to Better Serve Human Vision Correction Needs with AR Glasses
Rhea-AI Summary
Vuzix Corporation appoints ophthalmologist Dr. Shabbir Khambati as the founding board member of its Optometry Advisory Board, aiming to provide strategic input on vision correction issues and improve products and services to meet customer vision requirements. Dr. Khambati's extensive knowledge of human optics and experience in vision correction will support Vuzix's commitment to producing safe and innovative near-eye displays.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.91%
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management
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Vuzix Announces Significant Cost Cutting Aligned with Tighter Focus on Select Smart Glasses and OEM AR Technologies
Rhea-AI Summary
Vuzix Corporation, a leading supplier of smart glasses and AR technology, announced the immediate commencement of an expansive cost reduction program and its preliminary fourth quarter 2023 revenues. The cost reduction program is expected to reduce annual operating expenses by approximately $8 million or 25%. The preliminary fourth quarter 2023 revenue is expected to be approximately $2,100,000, with a 36% rise in total product sales over the third quarter of 2023, offset by a 72% sequential decline in realized engineering services.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.91%
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News
Vuzix Introduces Z100 Smart Glasses to Seamlessly Connect Workers with AI Optimization Tools
Rhea-AI Summary
Vuzix Corporation (VUZI) unveiled the Vuzix Z100 smart glasses, a sleek, safety glasses-certified wearable interface between AI applications and human workers. The glasses are lightweight, fashionable, and provide real-time notifications and updates, all while being indistinguishable from standard glasses. They will be initially offered as a developer's edition and pair seamlessly with Android or iOS IOT devices.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.32%
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AI
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Vuzix to Showcase the Broad Functionality AI Brings to its Industry Leading AR Smart Glasses at CES 2024
Rhea-AI Summary
Vuzix Corporation (NASDAQ: VUZI) showcases AI-enabled smart glasses and interactive demonstrations at CES 2024, including the award-winning Vuzix Ultralite S AR smart glasses OEM design. The company also demonstrates medical, field service, warehousing, and consumer use cases, as well as its waveguide and display engine technologies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.49%
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AI
Stock VUZI logo
Vuzix Corporation

Nasdaq:VUZI

VUZI Rankings

#4376 Ranked by Market Cap
#4281 Ranked by Stock Gains
N/A Ranked by Dividends

VUZI Stock Data

79.61M
58.60M
7.62%
40.54%
15.51%
Other Electronic Component Manufacturing
Manufacturing
Link
US
West Henrietta

About VUZI

vuzix is a leading supplier of video and cloud connected video eyewear products in the consumer, industrial, media and entertainment markets. the company’s personal display products offer users a portable high quality viewing experience for industrial wearable displays, consumer digital content viewing as well as 3d, virtual and augmented reality experiences. vuzix also provides developer software and support to enable the growth and development of ar applications for its mobile devices. with its origins in defense research and development for next generation display solutions, vuzix holds over 44 patents and patents pending in the video eyewear field. the company has won 14 consumer electronic show innovations awards, the retailvision best new product and several wireless technology innovation awards, among others. founded in 1997, vuzix is a public company (tsx-v:vzx – news, otc:bb: vuzi, fmb: v7x) with offices in rochester, ny, oxford, uk and tokyo, japan. for more information visit