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EssilorLuxottica Shares Gain on Smartglasses Revenue Strength

EssilorLuxottica’s wearables revenue rose 20% in the third quarter. Analysts warned that momentum may begin to tail off.

EL

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08:14:23 AM UTC
SquawkNews
EssilorLuxottica's setting out of revenue numbers for its smartglasses category is good for transparency, Alexandre Germann at Baader Europe writes in a note. The Franco-Italian eyecare behemoth set out for the first time specific figures for its wearables division, home to its AI glasses made with…