WiSA Technologies Pre-Announces Q3 2024 Sequential Revenue Growth of Over 200% as WiSA E IP Licensee Begins Product Shipments
WiSA Technologies, Inc. (WISA)
Company Research
Source: Business Wire
- Preliminary Q3 2024 revenue is estimated at $1.0 million to $1.2 million, up from $0.3 million in Q2 2024 - BEAVERTON, Ore.--(BUSINESS WIRE)--WiSA Technologies, Inc. (NASDAQ: WISA) (the “Company” or “WiSA”), a leading provider of immersive, wireless sound technology for intelligent devices and next-generation home entertainment systems, today reported preliminary Q3 2024 revenue of $1.0 million to $1.2 million, driven by sales of its WiSA multichannel wireless audio technology.“In Q3 2024, we expect WiSA to deliver over 200% sequential revenue growth, driven by both WiSA HT and our new WiSA E IP being in production with a multi-national licensee,” said Brett Moyer, CEO of WiSA Technologies. “This specific licensee, which is one of the five current WiSA E licensees signed to date, has integrated our WiSA E software into their source device and our WiSA E module in their speakers. Activation of the WiSA E transmit functionality triggers royalty payments back and generates additiona
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WISA
News
- WiSA Technologies Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags [Yahoo! Finance]Yahoo! Finance
- WiSA Technologies, Inc. (WISA) Q3 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- WiSA Technologies, Inc. Files Preliminary Proxy, Advancing Data Vault Asset Purchase [Yahoo! Finance]Yahoo! Finance
- WiSA Technologies, Inc. Files Preliminary Proxy, Advancing Data Vault Asset PurchaseBusiness Wire
- WiSA Technologies, Inc. Reports Q3 2024 Results [Yahoo! Finance]Yahoo! Finance
WISA
Analyst Actions
- 8/29/24 - Ascendiant Capital
WISA
Sec Filings
- 11/22/24 - Form 4
- 11/22/24 - Form 4
- 11/18/24 - Form DEFA14A
- WISA's page on the SEC website