Benzinga Breaks Down Energous Q4 Earnings


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  • EPS $(0.75) vs. $(0.54) Est, down from EPS of $(0.61) in the same quarter last year.
  • Sales $130,000 vs. estimated $390,000, down from 99.99 percent quarter-over-quarter.
  • Adj. EBITDA was $10.2 million, up 27.5 percent quarter-over-quarter.

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Shares of Energous Corp (NASDAQ:WATT) — the CEO of which recently spoke with Benzinga on everything from the company's financials to the spate of recent Apple Inc (NASDAQ:AAPL) rumors — were down 2.19 percent in extended trading following release of the fourth-quarter report.


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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