Recap: Energous Q3 Earnings

Recap: Energous Q3 Earnings

Energous WATT reported its Q3 earnings results on Thursday, November 3, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Energous missed estimated earnings by 14.29%, reporting an EPS of $-0.08 versus an estimate of $-0.07.

Revenue was up $21 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 1.49% increase in the share price the next day.

Here's a look at Energous's past performance:

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate -0.08 -0.08 -0.10 -0.15
EPS Actual -0.07 -0.09 -0.13 -0.14
Revenue Estimate 270K 200K 500K 400K
Revenue Actual 232K 215K 225K 201K

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate -0.08 -0.08 -0.10 -0.15
EPS Actual -0.07 -0.09 -0.13 -0.14
Revenue Estimate 270K 200K 500K 400K
Revenue Actual 232K 215K 225K 201K

To track all earnings releases for Energous visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings