Earnings Call Summary | Energous(WATT.US) Q4 2023 Earnings Conference
Earnings Call Summary | Energous(WATT.US) Q4 2023 Earnings Conference
The following is a summary of the Energous Corporation (WATT) Q4 2023 Earnings Call Transcript:
以下是能源公司(WATT)2023年第四季度業績電話會議記錄的摘要:
Financial Performance:
財務業績:
Energous reported a decrease in recognized revenue to $0.5 million in 2023, down about 44% from 2022.
Improvements in 2023 were seen in gross margin which was at a positive 41% compared to a negative 50% in 2022.
The company also decreased total operating expense by around $3.5 million to $21.9 million.
They reported a GAAP net loss of $19.4 million, an improvement from the $26.3 million loss in the previous year.
Energous ended 2023 with $13.9 million in cash and remains debt-free.
Energous報告稱,2023年確認收入下降至50萬美元,比2022年下降約44%。
毛利率在2023年有所改善,爲正41%,而2022年爲負50%。
該公司還將總運營支出減少了約350萬美元,至2190萬美元。
他們報告的GAAP淨虧損爲1,940萬美元,較去年的2630萬美元虧損有所改善。
Energous在2023年底擁有1,390萬美元的現金,並且仍然沒有債務。
Business Progress:
業務進展:
Energous engaged in 38 proof-of-concept trials globally, covering various applications.
The company has managed to shift some POC trials to the deployment sale phase.
They formed a strategic partnership with Velociti, offering potential expansion into new markets.
Their Smart IoT strategy is progressing with increased POC trials.
Energous boasts a robust intellectual property portfolio and proprietary technology for the Smart IoT strategy.
Further engagements with additional partners are planned for 2024.
Energous 在全球參與了 38 項概念驗證試驗,涵蓋各種應用。
該公司已設法將一些POC試驗轉移到部署銷售階段。
他們與Velociti建立了戰略合作伙伴關係,有可能向新市場擴張。
隨着POC試驗的增加,他們的智能物聯網戰略正在取得進展。
Energous擁有強大的知識產權組合和用於智能物聯網戰略的專有技術。
計劃在2024年與其他合作伙伴進行進一步合作。
More details: Energous IR
更多詳情: 能量紅外
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:欲了解更多詳情,請訪問投資者關係網站。本文僅供投資者參考,不構成任何投資建議。
譯文內容由第三人軟體翻譯。