Vuzix Result 30/03/2016

Vuzix reported a 2015 year-end net loss of $13.4 million, up 71% YoY from a net loss of $7.8 million. Turnover for the year was $2.75 million, down 9% YoY from $3 million. Turnover was supported by an increase in smart glasses sales, despite the phase-out of the company’s video eyewear.