Energous (NASDAQ:WATT) reported its Q3 earnings results on Thursday, November 9, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Energous beat estimated earnings by 25.83%, reporting an EPS of $-0.89 versus an estimate of $-1.2.
Revenue was down $54 thousand from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.2 which was followed by a 6.64% drop in the share price the next day.
Here’s a look at Energous’s past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | -1.4 | -1.4 | -1.4 | -1.4 |
| EPS Actual | -1.2 | -1.4 | -1.4 | -1.6 |
| Revenue Estimate | 220K | 160K | 200K | 350K |
| Revenue Actual | 117K | 96K | 179K | 223K |
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.
