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Revenue Increased 14% in Q3 2024 vs Q3 2023, and 76% on a Year-to-Date Basis vs 2023 MIAMI, Nov. 13, 2024 /PRNewswire/ -- Innovative Eyewear Inc., (NASDAQ:LUCY, LUCYW)), a developer of smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands, today announced its financial results for the third quarter of 2024. Net revenue for the quarter ended September 30, 2024 was $253,599, an increase of 14% from the quarter ended September 30, 2023. This year-over-year increase was primarily attributable to strategic reductions in price discounts and other adjustments to o
Revolutionary Eyewear Integrates Advanced AI Features with Certified Safety Standards for Industrial Use MIAMI, Oct. 29, 2024 /PRNewswire/ -- Innovative Eyewear, Inc. (NASDAQ:LUCY, LUCYW)), the developer of ChatGPT-enabled smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands, announces today that it has officially launched Lucyd Armor™—the world's first smart safety eyewear in a lightweight, affordable and prescription-ready form factor, and meeting the ANSI Z87.1 standard for workplace safety use. Designed for professionals in many different environments from industrial, to logistics, to medical, Lucyd Armor combines certified eye protection with advanced technology to
MIAMI, Oct. 24, 2024 /PRNewswire/ -- Innovative Eyewear, Inc. ("Innovative Eyewear" or "the Company") (NASDAQ:LUCY, LUCYW))), the developer of smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands, received on October 23rd, a notice of allowance for its utility patent application U.S. Patent Application No. 17/104,849, entitled "Wireless Smartglasses with Quick Connect Front Frames". After paying the required issue fee, the Company anticipates that a patent will issue in due course. The patent is directed to smartglasses that pair or connect with other mobile devices and have removable front frames connected with a quick-disconnect hinge, which allows end users to customi
MIAMI, Oct. 14, 2024 /PRNewswire/ -- Innovative Eyewear (NASDAQ:LUCY, LUCYW))), the developer of ChatGPT-enabled smart eyewear under the Lucyd®, Nautica®, Eddie Bauer®, and Reebok® brands, today announced the launch of the first generative AI fashion show for eyewear. In this striking digital performance, AI-generated models flaunt the latest real smart eyewear collections from Lucyd, including its collaborative collections with Reebok, Nautica and Eddie Bauer. In a bold fusion of fashion and technology, the generative AI fashion show exhibits emerging technology to create ult
MIAMI, Oct. 2, 2024 /PRNewswire/ -- Innovative Eyewear, Inc. ("Innovative Eyewear" or the "Company") (NASDAQ:LUCY, LUCYW))), the developer of ChatGPT-enabled smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands, is pleased to announce a successful Vision Expo West show resulting in new optical stores carrying its smart frames, bringing the total number of stores carrying the Company's smart eyewear to approximately 370. In addition to an enthusiastic group of optical retailers purchasing starter orders for Lucyd and Powered by Lucyd smart eyewear, the Comp
MIAMI, Sept. 25, 2024 /PRNewswire/ -- Innovative Eyewear, Inc. ("Innovative Eyewear" or the "Company") (Nasdaq: LUCY), the developer of smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands, today announced that its Board of Directors has approved the adoption of a limited duration stockholder rights plan (the "Rights Plan") and declared a dividend distribution of one right ("Right") for each outstanding share of common stock. The record date for such dividend distribution is September 25, 2024. The Rights Plan expires, without any further action being required to be taken by Innovative Eyewear's Board of Directors, on September 25, 2025 or at such earlier time as disclos
MIAMI, Sept. 23, 2024 /PRNewswire/ -- Innovative Eyewear, Inc. ("Innovative Eyewear" or the "Company") (Nasdaq: LUCY), the developer of smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands, today announced the entry into definitive agreements for the immediate exercise of certain outstanding warrants to purchase an aggregate of 263,160 shares of the Company's common stock originally issued by the Company on May 29, 2024, each having an original exercise price of $9.50 per share, at an exercise price of $9.875 per share. The closing of the warrant exercise transaction is expected to occur on or about September 24, 2024, subject to satisfaction of customary closing conditi
MIAMI, Sept. 17, 2024 /PRNewswire/ -- Innovative Eyewear, Inc. ("Innovative Eyewear" or the "Company") (NASDAQ:LUCY, LUCYW))), the developer of ChatGPT-enabled smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands, is pleased to announce the unveiling of their first ANSI-certified smart safety eyewear at Vision Expo West in Las Vegas, Nevada, September 19th-21st 2024. We believe this launch comes at a pivotal moment, as the smart eyewear market has surpassed one million units sold in the last 12 months.1 The Armor line represents a breakthrough in safety an
MIAMI, Sept. 5, 2024 /PRNewswire/ -- Innovative Eyewear, Inc. ("Innovative Eyewear" or the "Company") (NASDAQ:LUCY, LUCYW))), the developer of ChatGPT-enabled smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands, is pleased to announce a significant expansion into the Middle East market through an exclusive distribution agreement with Ecom Gulf FZCO (DBA Mixireal.com). To kick off the partnership, Ecom Gulf FZCO will be participating in the Dubai AI & Web3 Festival, showcasing Innovative Eyewear's cutting-edge ChatGPT smart eyewear. The exclusive distribut
Raises approximately $8 million since the beginning of the second quarter of 2024 MIAMI, Sept. 4, 2024 /PRNewswire/ -- Innovative Eyewear, Inc. ("Innovative Eyewear" or the "Company") (NASDAQ:LUCY), the developer of smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands, announced today that it closed its previously announced transaction involving the exercise of certain outstanding warrants to purchase an aggregate of 126,699 shares of the Company's common stock originally issued by the Company on June 26, 2023, each having an original exercise price of $21.00 per share, at a reduced exercise price of $5.00 per share.
MIAMI, Dec. 14, 2023 /PRNewswire/ -- Innovative Eyewear, Inc. ("Innovative Eyewear" or the "Company") (NASDAQ:LUCY, LUCYW))), the developer of the developer of ChatGPT smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands, is pleased to announce the signing of Emmanuel Ogbah as an official brand ambassador. Emmanuel Ikechukwu Ogbah is a Nigerian professional football defensive end for the Miami Dolphins. He played college football at Oklahoma State and was drafted by the Cleveland Browns in the second round of the 2016 NFL Draft. Lucyd eyewear's open-ear au
Innovative Eyewear's (NYSE:LUCY) short percent of float has fallen 68.11% since its last report. The company recently reported that it has 430 thousand shares sold short, which is 2.36% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.0 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short int
Shares of Conagra Brands, Inc. (NYSE:CAG) fell during Thursday's session after the company reported worse-than-expected fourth-quarter sales results and issued FY25 adjusted EPS guidance below estimates. The company reported adjusted earnings per share of 61 cents, beating the analyst consensus estimate of 57 cents. Quarterly revenues of $2.905 billion missed the street view of $2.930 billion, according to data from Benzinga Pro. Conagra Brands shares declined 3.9% to $27.70 on Thursday. Here are some other stocks moving in today’s mid-day session. Gainers Kazia Therapeutics Limited (NASDAQ:KZIA) shares surged 88.6% to $1.26. Kazia Therapeutics, on Wednesday, announced result
Shares of WD-40 Company (NASDAQ:WDFC) rose sharply in today's pre-market trading after the company posted stronger-than-expected results for its third quarter on Wednesday. Quarterly sales came in at $155 million which beat the analyst consensus estimate of $145.8 million. WD-40 reported quarterly earnings of $1.46 per share which beat the analyst consensus estimate of $1.27 per share, according to data from Benzinga Pro. WD-40 shares jumped 12.5% to $247.20 in pre-market trading. Here are some other stocks moving in pre-market trading. Gainers Volcon, Inc. (NASDAQ:VLCN) rose 65.8% to $6.05 in pre-market trading after declining over 6% on Wednesday. Actelis Networks, Inc.
Shares of SeaStar Medical Holding Corporation (NASDAQ:ICU) fell sharply during Wednesday's session after the company entered into a $10 million registered direct offering of 947,868 shares at $10.55 per share. SeaStar Medical shares dipped 34% to $8.55 on Wednesday. Here are some other stocks moving in today’s mid-day session. Gainers Virpax Pharmaceuticals, Inc. (NASDAQ:VRPX) shares jumped 139% to $2.78 after the company announced results for a Swine Model pilot study for Probudur. Kazia Therapeutics Limited (NASDAQ:KZIA) gained 129% to $0.4325 after the company announced results from GBM-AGILE, a phase II/III study that included an evaluation of paxalisib versus standard of
Innovative Eyewear, Inc. (NASDAQ:LUCY) shares are surging higher Friday on heavy trading volume. Here's a look at what's going on. What To Know: Last week Innovative Eyewear provided a sales and marketing update. The company highlighted its new partnership with Windsor Eyes, a distributor for select US optical and big box channels, and said it is in discussions with major domestic eyewear retailers and distributors for potential late 2024 / early 2025 sales of smart eyewear under its licensed brands. Innovative Eyewear also highlighted the launch of its Amazon store in Germany, making its products available throughout the entire EU. The company sees its products as well-positioned a
Innovative Eyewear Inc. ("Innovative Eyewear" or the "Company") (NASDAQ:LUCY, LUCYW))))), the developer of smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands, is pleased to provide a sales and marketing update.Strategic Partnerships and Market ExpansionsIndustry Presence. In March, Innovative Eyewear showcased its latest advancements at Vision Expo East, followed by a presentation at the Boston Reebok Spring Meetup. We believe these events provided valuable networking opportunities, customer feedback on new products, and strengthened our market presence.Big Box distribution. We have secured a new partnership with Windsor Eyes, a distributor for select US optical and bi
Innovative Eyewear, Inc. (NASDAQ:LUCY) announced the launch of its LUCY Bixby app, which enables hands-free OpenAI’s ChatGPT access on its glasses. For the first time, Samsung Electronics Co (OTC:SSNGY) (OTC:SSNLF) phone users gain access to the feature of ChatGPT on its glasses through the phone’s built-in voice assistant. Now, all Bixby users can interact with ChatGPT through Lucyd eyewear paired with their Samsung device or directly on the device itself. The company anticipates this voice-controlled access to AI features will enhance utilities like real-time translations and comprehensive research for Samsung phone and tablet users across various subjects. “We are also excited
Innovative Eyewear, Inc. ("Innovative Eyewear" or the "Company") (NASDAQ:LUCY, LUCYW))))), the developer of smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands, announces today that it has launched a Bixby app called LUCY to enable handsfree ChatGPT access on its glasses. This brings a powerful new feature to Samsung phone users for the first time – the ability to access ChatGPT via the phone's built-in voice assistant.
Revenue Increased 14% in Q3 2024 vs Q3 2023, and 76% on a Year-to-Date Basis vs 2023 MIAMI, Nov. 13, 2024 /PRNewswire/ -- Innovative Eyewear Inc., (NASDAQ:LUCY, LUCYW)), a developer of smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands, today announced its financial results for the third quarter of 2024. Net revenue for the quarter ended September 30, 2024 was $253,599, an increase of 14% from the quarter ended September 30, 2023. This year-over-year increase was primarily attributable to strategic reductions in price discounts and other adjustments to o
MIAMI, Sept. 25, 2024 /PRNewswire/ -- Innovative Eyewear, Inc. ("Innovative Eyewear" or the "Company") (Nasdaq: LUCY), the developer of smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands, today announced that its Board of Directors has approved the adoption of a limited duration stockholder rights plan (the "Rights Plan") and declared a dividend distribution of one right ("Right") for each outstanding share of common stock. The record date for such dividend distribution is September 25, 2024. The Rights Plan expires, without any further action being required to be taken by Innovative Eyewear's Board of Directors, on September 25, 2025 or at such earlier time as disclos
Quarterly Revenue Increased 82% vs Q2 2023; Gross Margin Increases Substantially MIAMI, Aug. 13, 2024 /PRNewswire/ -- Innovative Eyewear Inc., (NASDAQ:LUCY, LUCYW))), the developer of ChatGPT-enabled smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands, today announced its financial results for the second quarter of 2024. Net revenue for the quarter ended June 30, 2024 was $308,682, an increase of 82% from the quarter ended June 30, 2023. Net revenue for the six months ended June 30, 2024 was $692,153, an increase of 120% vs. the comparable period in 2023.
Units sold increased 150% & Revenue Increased 165% in Q1 2024 vs Q1 2023 MIAMI, May 14, 2024 /PRNewswire/ -- Innovative Eyewear Inc., (NASDAQ:LUCY, LUCYW))), a developer of smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands, today announced its financial results for the first quarter of 2024. Net revenue for the quarter ended March 31, 2024 was $383,471, an increase of 165% from the quarter ended March 31, 2023. This year-over-year increase was primarily attributable to significant volume growth in the e-commerce channel, driven by the Company's strategi
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