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

Energous

10/08/2022 22:03

* Energous Corp  WATT.OQ  reported a quarterly adjusted loss
of 8
cents​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for a loss of 8
cents per share.
    * Revenue rose 25.4% to $232.00 thousand from a year ago;
analysts
expected $275.00 thousand. 
    * Energous Corp's reported EPS for the quarter was a loss
of 9
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 risen by 30.0% this quarter and
gained 4.0% so far this year.
    * The company reported a quarterly loss of $7.02 million.
    * Wall Street's median 12-month price target for Energous
Corp is
$2.25 
    * 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 from Refinitiv data August 10
at 09:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.08          -0.08          Met
 Mar. 31 2022      -0.08          -0.08          Met
 Dec. 31 2021      -0.10          -0.13          Missed
 Sep. 30 2021      -0.15          -0.13          Beat