Energous Wireless Power Solutions Reports 2024 Third Quarter Results
Energous Corporation (WATT)
Last energous corporation earnings: 11/7 04:01 pm
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US:NASDAQ Investor Relations:
ir.energous.com
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Source: Business Wire
SAN JOSE, Calif.--(BUSINESS WIRE)--Energous Corporation d/b/a Energous Wireless Power Solutions (NASDAQ: WATT), a pioneer in scalable, over-the-air (OTA) wireless power networks, today announced financial results for the three months ended September 30, 2024, and provided an update on recent partnerships and company highlights.Third Quarter 2024 Financial ResultsRevenue for the three months ended September 30, 2024 of $230 thousand versus approximately $169 thousand in the same 2023 period, representing a 36% increase year over year.Costs and expenses for the three months ended September 30, 2024 totaled $3.8 million versus $5.3 million in the same 2023 period. Total third quarter 2024 GAAP costs and expenses consisted of approximately $0.3 million in cost of revenue, $1.7 million in research and development (R&D) expenses, $1.7 million in sales, marketing, general and administrative (SG&A) expenses, and approximately $0.1 million in severance expenses.Non-GAAP costs and expenses
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News
- Energous Third Quarter 2024 Earnings: US$0.50 loss per share (vs US$0.86 loss in 3Q 2023) [Yahoo! Finance]Yahoo! Finance
- Energous to Develop Battery-Free Smart Tag for Global RFID LeaderBusiness Wire
- Energous Wins Mobile Breakthrough Award for IoT InnovationBusiness Wire
- Energous Wireless Power Solutions names Mallorie Burak as new CEO [Seeking Alpha]Seeking Alpha
- Energous Wireless Power Solutions Names Mallorie Burak as New Chief Executive OfficerBusiness Wire
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Earnings
- 8/8/24 - Beat
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Sec Filings
- 11/20/24 - Form 1-A/A
- 11/15/24 - Form 1-A/A
- 11/13/24 - Form 10-Q
- WATT's page on the SEC website