Energous (NASDAQ:WATT) reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:38 PM.
Here’s what investors need to know about the announcement.
Earnings
Energous reported in-line EPS of $-0.07 versus an estimate of $-0.07.
Revenue was down $119 thousand from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.0 which was followed by a 11.34% drop in the share price the next day.
Here’s a look at Energous’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.07 | -0.07 | -0.08 | -0.08 |
| EPS Actual | -0.07 | -0.08 | -0.07 | -0.09 |
| Revenue Estimate | 200K | 350K | 270K | 200K |
| Revenue Actual | 179K | 223K | 232K | 215K |
To track all earnings releases for Energous visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
