Vuzix Corporation reported its financial results for the third quarter ended September 30, 2025. The company received a $5 million investment from Quanta Computer, completing the third tranche and bringing Quanta's total investment to $20 million. Vuzix's total sales for the quarter were $1.16 million, down from $1.39 million in the same period in 2024. Product sales totaled $896,000 compared to $988,000 in the prior year, while engineering services sales were $265,000 versus $397,000 in the previous year. The company achieved a 22% year-over-year reduction in quarterly operating expenses and ended the quarter with $22.6 million in cash. Additional highlights include the appointment of Dr. Chris Parkinson as President of Enterprise Solutions, receipt of initial volume purchase orders from a global online retailer, and a six-figure development order from a U.S. defense contractor.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Vuzix Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: NY24312) on November 13, 2025, and is solely responsible for the information contained therein.
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