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

Energous

11/05/2022 22:02

* Energous Corp  WATT.OQ  reported a quarterly adjusted loss
of 9
cents​​ per share for the quarter ended in March. The mean
expectation of two analysts for the quarter was for a loss of 8
cents per share.
    * Revenue rose 48.9% to $215.96 thousand from a year ago; 
analysts expected $200.00 thousand. 
    * Energous Corp's reported EPS for the quarter was a loss
of 9
cents​.
    * The mean earnings estimate of analysts had risen by
about 15% 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 29.2% this quarter and
lost 32.0% so far this year.
    * The company reported a quarterly loss of $7.15 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 May 11 at 09:02 p.m.  ​All
figures in US dollars unless otherwise stated