earnings
confidence high
sentiment neutral
materiality 0.65
Energous Q2 2023 revenue $117k up 21% QoQ, net loss $(4.0)M; Japan approves 1W PowerBridge
Energous Corp
2023-Q2 EPS reported
-$0.12
revenue$213,809
- Q2 2023 revenue of ~$117k, up 21% QoQ; net loss of $(4.0)M ($(0.04)/share).
- Adjusted non-GAAP loss of $(5.3)M; cash of $20.0M with no debt.
- Japan approved 1W WattUp PowerBridge for unlimited distance transmission.
- Launched 2 Watt PowerBridge; partnerships with InnoTractor and WiGL.