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Stock impact report

Energous Wireless Power Solutions Reports 2024 Results [Yahoo! Finance]

Energous Corporation (WATT) 
Last energous corporation earnings: 11/7 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.energous.com
Company Research Source: Yahoo! Finance
pioneer in scalable, over-the-air (OTA) wireless power networks, today announced financial results for the year ended December 31, 2024, and provided an update on recent partnerships and Company highlights. Fiscal Year 2024 Financial Results Revenue for the year ended December 31, 2024 of $0.8 million versus approximately $0.5 million in 2023, representing a 62% increase year over year. 2024 represented a pivotal shift in revenue generation for the Company. Whereas approximately 80% of 2023 revenue consisted of non-recurring engineering services and micro-chip sales, in 2024 88% of revenue was generated by the sale of our PowerBridge transmitters – primarily attributable to demand for our PowerBridge PRO transmitters. Revenue Read more
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