Latest news with #InnovativeEyewear
Associated Press
3 days ago
- Business
- Associated Press
Innovative Eyewear, Inc. Announces Exciting New Features for the Lucyd ChatGPT App
MIAMI, May 29, 2025 /PRNewswire/ -- Innovative Eyewear, Inc. ('Innovative Eyewear' or the 'Company') (NASDAQ: LUCY; LUCYW), the manufacturer of smart eyewear under the Lucyd®, Lucyd Armor®, Reebok®, Eddie Bauer® and Nautica® brands, is pleased to announce a powerful new update to the Company's Lucyd app for iOS and Android. The Lucyd app was the first to enable voice access to ChatGPT in smart eyewear, and the Company believes these latest enhancements further advance its market position as a leader in smart eyewear. Below are the new updates: Harrison Gross, CEO of Innovative Eyewear, said 'We are advancing our goal to make the Lucyd app a powerful companion to our products, that enhances user enjoyment and product utility. While Lucyd frames are a device-agnostic accessory that provides a valuable interface for the majority of computing platforms, the app provides a deeper feature set for the power user, giving them an attractive and streamlined range of smart features to expand their Lucyd Eyewear experience. The app is also an incredible platform enabling us to develop specific features for different segments of the smart eyewear market, such as the Walkie feature for Lucyd Armor, and are planned fitness utilities to complement our Reebok smart eyewear.' In advance of any significant marketing effort, the Lucyd app has been downloaded approximately 15,000 times. A paid Pro version of the app allows users to subscribe for $7.99/month to raise the number of ChatGPT queries permitted per day from 30 to unlimited and provides the ability to create secure Walkie channels for business applications. To see the Lucyd app in action or download it, visit or search 'Lucyd' in the App Store or Google Play Store. About Innovative Eyewear, Inc. Innovative Eyewear is a developer of cutting-edge ChatGPT enabled smart eyewear, under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands. True to our mission to Upgrade Your Eyewear®, our Bluetooth audio glasses allow users to stay safely and ergonomically connected to their digital lives and are offered in hundreds of frame and lens combinations to meet the needs of the optical market. To learn more and explore our continuously evolving collection of smart eyewear, please visit Forward Looking Statements This press release contains certain forward-looking statements, including those relating to the Lucyd app. Forward-looking statements are based on the Company's current expectations and assumptions. The Private Securities Litigation Reform Act of 1995 provides a safe-harbor for forward-looking statements. These statements may be identified by the use of forward-looking expressions, including, but not limited to, 'anticipate,' 'believe,' 'continue,' 'estimate,' 'expect,' 'future,' 'intend,' 'may,' 'outlook,' 'plan,' 'potential,' 'predict,' 'project,' 'should,' 'will,' 'would' and similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise. Important factors that could cause actual results to differ materially from those in the forward-looking statements are set forth in the Company's filings with the Securities and Exchange Commission, including its annual report on Form 10-K under the caption 'Risk Factors.' Investor Relations Contact: Scott Powell Skyline Corporate Communications Group, LLC Office: +1 (646) 893-5835 Email: [email protected] View original content to download multimedia: SOURCE Innovative Eyewear, Inc.
Business Insider
17-05-2025
- Business
- Business Insider
Maxim Group Remains a Buy on Innovative Eyewear, Inc. (LUCY)
Matthew Galinko maintained a Buy rating on Innovative Eyewear, Inc. (LUCY – Research Report) yesterday. The company's shares closed yesterday at $2.80. Confident Investing Starts Here: Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter According to TipRanks, Galinko is an analyst with an average return of -3.8% and a 38.84% success rate. Galinko covers the Technology sector, focusing on stocks such as Adeia, Unisys, and WISeKey International Holding. Currently, the analyst consensus on Innovative Eyewear, Inc. is a Moderate Buy with an average price target of $9.00.
Yahoo
16-05-2025
- Business
- Yahoo
Innovative Eyewear First Quarter 2025 Earnings: US$0.72 loss per share (vs US$3.04 loss in 1Q 2024)
Revenue: US$454.5k (up 19% from 1Q 2024). Net loss: US$1.78m (loss narrowed by 9.8% from 1Q 2024). US$0.72 loss per share (improved from US$3.04 loss in 1Q 2024). We've discovered 6 warning signs about Innovative Eyewear. View them for free. All figures shown in the chart above are for the trailing 12 month (TTM) period Looking ahead, revenue is forecast to grow 109% p.a. on average during the next 2 years, compared to a 8.2% growth forecast for the Medical Equipment industry in the US. Performance of the American Medical Equipment industry. The company's shares are up 55% from a week ago. What about risks? Every company has them, and we've spotted 6 warning signs for Innovative Eyewear (of which 5 are concerning!) you should know about. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
14-05-2025
- Business
- Globe and Mail
Better-Than-Expected Q1 Sales Propelled This Penny Stock On Wednesday
A company that specializes in eyeglasses stole the show on Wednesday after it reported better-than-expected Q1 sales results, according to a press release yesterday after the market close. Traders rushed to get their hands on shares of Innovative Eyewear Inc. (Nasdaq:LUCY), pushing the Florida-based micro cap to close the session up at $2.8348/share (+43.17%). This move could indicate a breakout is coming as this stock is attempting to confirm support. Innovative Eyewear Inc is engaged in developing and selling eyeglasses and sunglasses, which are designed to allow customers to remain connected to their digital lives, while also offering prescription eyewear and sun protection. Its products Lucyd Lyte glasses enable the wearer to listen to music, take and make calls, and use voice assistants to perform many common smartphone tasks hands-free. Copyright © 2025 All rights reserved. Republication or redistribution of content is expressly prohibited without the prior written consent of shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. View more of this article on About Media, Inc.: Founded in 1999, is one of North America's leading platforms for micro-cap insights. Catering to both Canadian and U.S. markets, we provide a wealth of resources and expert content designed for everyone—from beginner investors to seasoned traders. is rapidly gaining recognition as a leading authority in the micro-cap space, with our insightful content prominently featured across numerous top-tier financial platforms, reaching a broad audience of investors and industry professionals. Want to showcase your company's story to a powerful network of investors? We can help you elevate your message and make a lasting impact. Contact us today. Contact: Media, Inc.
Yahoo
14-05-2025
- Business
- Yahoo
What's Going On With Innovative Eyewear Stock On Wednesday?
Innovative Eyewear, Inc. (NASDAQ:LUCY) shares are trading higher in the premarket session on Wednesday. On Tuesday, the company reported earnings per share of 72 cents loss, beating the Street estimate of 73 cents loss. Quarterly sales of $454.50 thousand (up 19% year over year) missed the analyst consensus estimate of one million dollars. This increase was primarily attributable to growth in unit sales volume, driven by product launches during 2024 of the co-branded Nautica Powered by Lucyd and Eddie Bauer Powered by Lucyd collections and the Lucyd Armor safety smart glasses line. The gross profit margin for the quarter was 49%, compared with 2% in the year-ago period, driven by lower cost of frames and lower prescription lens fulfillment cost.'As we look ahead to the rest of 2025, we believe we are well positioned to build on our momentum and significantly grow total revenues and market share,' said Harrison Gross, CEO of Innovative Eyewear. Gross highlighted the company's potential in the newly launched Reebok product line, which expanded its portfolio to include smart glasses for active lifestyles and the continued significant traction of the Lucyd ArmorTM smart safety glasses. 'Both product lines address vast subsets of the eyewear market which were previously underserved by smart eyewear providers,' the CEO added. According to Benzinga Pro, LUCY stock has lost over 50% in the past year. Price Action: LUCY shares are trading higher by 53% to $3.030 premarket at last check on Wednesday. Check This Out:Image by Sutthiphong Chandaeng via Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? This article What's Going On With Innovative Eyewear Stock On Wednesday? originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
