May 10 (Reuters) - Vuzix Corp VUZI.O :
* VUZIX PROVIDES BUSINESS UPDATE AND REPORTS ITS FIRST QUARTER 2018 FINANCIAL RESULTS
* Q1 REVENUE ROSE 28 PERCENT TO $1.5 MILLION
* Q1 LOSS PER SHARE $0.22
* VOLUME SHIPMENTS OF M300 TYPE-C SMART GLASSES TO TOSHIBA ARE EXPECTED TO INCREASE SIGNIFICANTLY BEGINNING IN Q2
* "EXPECT 2018 TO BE ANOTHER YEAR OF SIGNIFICANT REVENUE GROWTH ACROSS OUR MARKETS"