Benzinga Breaks Down Energous Q4 Earnings

• 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.

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