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EssilorLuxottica, Meta’s partner in the smart glasses market and owner of brands such as Ray-Ban and Oakley, just reported stronger-than-expected quarterly revenue, driven in part by rising demand for the Ray-Ban Meta. Here’s the breakdown.
In its quarterly results, EssilorLuxottica reported a 7.3% revenue increase, beating a Bloomberg-compiled analyst estimate of 5.9%. It is worth mentioning that at current exchange rates, however, revenue rose by just 3.2%, reflecting the impact…
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EssilorLuxottica, Meta’s partner in the smart glasses market and owner of brands such as Ray-Ban and Oakley, just reported stronger-than-expected quarterly revenue, driven in part by rising demand for the Ray-Ban Meta. Here’s the breakdown.
In its quarterly results, EssilorLuxottica reported a 7.3% revenue increase, beating a Bloomberg-compiled analyst estimate of 5.9%. It is worth mentioning that at current exchange rates, however, revenue rose by just 3.2%, reflecting the impact…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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