Energous (NASDAQ:WATT) reported its Q4 earnings results on Thursday, February 24, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Energous missed estimated earnings by 30.0%, reporting an EPS of $-0.13 versus an estimate of $-0.1.
Revenue was up $135.40 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 2.59% drop in the share price the next day.
Here's a look at Energous's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | -0.15 | -0.12 | -0.12 | -0.12 |
| EPS Actual | -0.14 | -0.18 | -0.14 | -0.15 |
| Revenue Estimate | 400.00K | 350.00K | 150.00K | 170.00K |
| Revenue Actual | 201.36K | 184.96K | 145.06K | 90.00K |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
