Energous (NASDAQ:WATT) reported its Q2 earnings results on Wednesday, August 10, 2022 at 04:00 PM.
Here’s what investors need to know about the announcement.
Earnings
Energous beat estimated earnings by 12.5%, reporting an EPS of $-0.07 versus an estimate of $-0.08.
Revenue was up $48 thousand from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.01 which was followed by a 2.99% drop in the share price the next day.
Here’s a look at Energous’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.08 | -0.10 | -0.15 | -0.12 |
| EPS Actual | -0.09 | -0.13 | -0.14 | -0.18 |
| Revenue Estimate | 200K | 500K | 400K | 350K |
| Revenue Actual | 215K | 225K | 201K | 184K |
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.
