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Recap: Energous Q1 Earnings

Benzinga ·  May 11, 2023 04:50

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:

QuarterQ4 2022Q3 2022Q2 2022Q1 2022
EPS Estimate-0.07-0.07-0.08-0.08
EPS Actual-0.07-0.08-0.07-0.09
Revenue Estimate200K350K270K200K
Revenue Actual179K223K232K215K

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.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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