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Vuzix Schedules Investor Call to Discuss ‘New Corporate Development’

Vuzix executives will host a conference call Wednesday at 4:30 p.m. EDT with investors to discuss a “new corporate development,” said the company Tuesday. The previously unscheduled call comes about a week after CEO Paul Travers said Vuzix stands by…

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projections of a bright future for its augmented-reality and smart glasses businesses, despite a 36% decline in Q1 revenue he attributed to “timing delays of customer rollouts” and a general worsening of “world market conditions” (see 2205110006).