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

Energous

29/07/2021 22:12

* Energous Corp  WATT.OQ  reported a quarterly adjusted loss
of 18 cents​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for a loss of 12
cents per share.
* Revenue rose 61.7% to $185.00 thousand from a year ago; 
analysts expected $350.00 thousand. 
* Energous Corp's reported EPS for the quarter was a loss of 18
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 20.9% this quarter and
gained 26.1% so far this year.
* The company reported a quarterly loss of $11.02 million.
* Wall Street's median 12-month price target for Energous Corp
is $5.50 
* 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 July 29 at 09:12 p.m.  ​All
figures in US dollars unless otherwise stated