Energous (NASDAQ:WATT) Announces Earnings Results

Energous (NASDAQ:WATTGet Free Report) announced its quarterly earnings data on Tuesday. The industrial products company reported ($0.50) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.74) by $0.24, Zacks reports. Energous had a negative net margin of 4,368.98% and a negative return on equity of 242.94%. The company had revenue of $0.23 million for the quarter.

Energous Price Performance

NASDAQ WATT traded down $0.00 on Thursday, hitting $0.54. 92,644 shares of the company were exchanged, compared to its average volume of 101,514. The firm has a market capitalization of $3.68 million, a P/E ratio of -0.17 and a beta of 2.61. Energous has a twelve month low of $0.50 and a twelve month high of $2.75. The company’s 50 day moving average price is $0.61 and its 200-day moving average price is $0.95.

Energous Company Profile

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Energous Corporation provides wireless charging system solutions in the United States. The company develops WattUp wireless power networks technology that consists of semiconductor chipsets; software controls; hardware designs; and antennas that enables radio frequency-based charging for Internet of Things devices.

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Earnings History for Energous (NASDAQ:WATT)

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