earnings
confidence high
sentiment neutral
materiality 0.60
Energous Q3 revenue $168.7K (+44% QoQ), EPS -$0.86 vs -$1.54 YoY; cash $16.6M
Energous Corp
2023-Q3 EPS reported
-$3.30
revenue$382,517
- Revenue $168,708, up 44% from Q2 2023.
- Net loss $(4.1M) or $(0.86) per share vs $(5.9M) or $(1.54) in Q3 2022.
- Adjusted non-GAAP loss $(4.2M); adjusted costs and expenses $4.6M, down 18% YoY.
- Cash and cash equivalents $16.6M, no debt.
- Partnerships: WiGL (DoD-funded), Veea (AT&T Mexico lab), InPlay (battery-free sensor).