WiSA Technologies (NASDAQ:WISA) reported its Q1 earnings results on Tuesday, May 16, 2023 at 07:00 AM.
Here’s what investors need to know about the announcement.
Earnings
WiSA Technologies beat estimated earnings by 84.23%, reporting an EPS of $-0.53 versus an estimate of $-3.36.
Revenue was down $97 thousand from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $19.16 which was followed by a 22.52% drop in the share price the next day.
Here’s a look at WiSA Technologies’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -17.50 | -23 | -18 | -16 |
| EPS Actual | 1.66 | -31 | -27 | -26 |
| Revenue Estimate | 1.00M | 1.43M | 1.03M | 1.38M |
| Revenue Actual | 900K | 937K | 946K | 566K |
To track all earnings releases for WiSA Technologies visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
