Energous Corp reports results for the quarter ended in December - Earnings Summary

Energous

24/02/2022 22:01

* Energous Corp  WATT.OQ  reported a quarterly adjusted loss
of 13
cents​​ per share for the quarter ended in December. The mean
expectation of two analysts for the quarter was for a loss of 10
cents per share.
    * Revenue rose 150.4% to $225.40 thousand from a year ago; 
analysts expected $500.00 thousand. 
    * Energous Corp's reported EPS for the quarter was a loss
of 13
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Energous Corp shares had fallen by 15.2% this quarter.
    * The company reported a quarterly loss of $9.42 million.
    * Wall Street's median 12-month price target for Energous
Corp is
$4.50 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated February 24 at 10:00 p.m.
 ​All figures in US dollars unless otherwise stated