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Earnings Call Summary | Energous(WATT.US) Q4 2023 Earnings Conference

Earnings Call Summary | Energous(WATT.US) Q4 2023 Earnings Conference

業績電話會議摘要 | Energous (WATT.US) 2023 年第四季度業績發佈會
富途資訊 ·  03/29 05:54  · 電話會議

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.

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譯文內容由第三人軟體翻譯。


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