Financial Insights for Vuzix Corp (OTCBB:VUZI)
http://www.sbwire.com/press-releases/financial-insights-for-…
Las Vegas, NV -- (SBWIRE) -- 09/11/2013 --
VUZIX CORP (OTCBB:VUZI) updates the shareholders and investors about its financial performance during the last three months ended June 30, 2013. The company earned total revenues of $0.70 million. The revenues were almost the same during first quarter i.e. $0.73 million.
VUZI paid $0.42 million on research and development and $0.89 million in the selling general and administrative expenses. The operating loss of the company was much higher that past few quarters that is $1.10 million. The net loss of the company is $1.67 million.
Vuzix Corporation designs, manufactures, markets, and sells products to be used in industries like defence, media and entertainment and consumer markets. The company produces video eyewear products for tactical, training and educational, general entertainment, virtual reality, and augmented reality applications purposes.
To find out what OTCMAGIC projects for VUZIX CORP for both short term and long term please click here: VUZI
OTCMAGIC Spends all day scouring the markets for the next huge Penny Stock Winner. Investors have come to trust us for our up to date commentary on all hot stocks so please visit OTCMAGIC right now and see what it’s all about for yourself! At 30,000 Visitors a Month and growing rapidly OTCMAGIC is the hottest thing in penny stocks!
|
