Energous: Q1 Earnings Insights

Energous 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.

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.

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.

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