Energous (NASDAQ:WATT) reported its Q1 earnings results on Wednesday, May 11, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Energous missed estimated earnings by 12.5%, reporting an EPS of $-0.09 versus an estimate of $-0.08.
Revenue was up $70.90 thousand from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.03 which was followed by a 9.35% increase in the share price the next day.
Here's a look at Energous's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.10 | -0.15 | -0.12 | -0.12 |
| EPS Actual | -0.13 | -0.14 | -0.18 | -0.14 |
| Revenue Estimate | 500.00K | 400.00K | 350.00K | 150.00K |
| Revenue Actual | 225.40K | 201.36K | 184.96K | 145.06K |
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.
