Innovative Eyewear (NASDAQ: LUCY) recently reported its fourth-quarter earnings results, and the numbers are in. The company missed estimated earnings by -36.0%, reporting an EPS of $-0.19 versus an estimate of $-0.14. However, revenue was up $548 thousand from the same period last year.
This news comes after the company beat EPS estimates last quarter by $0.02, which resulted in a 0.0% increase in the share price the next day. Investors will be keen to see how the market reacts to this latest earnings report.
For those interested in listening to the earnings announcement themselves, they can do so by clicking the link provided. Additionally, investors can track all earnings releases for Innovative Eyewear by visiting their earnings calendar on Benzinga’s website.
It’s important to note that this article was generated by Benzinga’s automated content engine and reviewed by an editor. Benzinga does not provide investment advice, but strives to provide accurate and timely information for investors.
In conclusion, Innovative Eyewear’s Q4 earnings report may have missed estimates, but the company’s revenue growth is a positive sign. Investors should keep an eye on how the market reacts to this news and stay informed about future developments in the company.
