Energous Corporation Reports 2023 Results [Yahoo! Finance]
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: Yahoo! Finance
networks, today announced financial results for the year ended December 31, 2023, and provided an update on recent partnerships and company highlights. 2023 Financial Results 2023 revenue of approximately $0.5 million versus $0.9 million in 2022. Total costs and expenses were significantly reduced in 2023 from approximately $27.5 million in 2022 to approximately $22.6 million in 2023, representing a cost reduction of $4.9 million year over year. The 2023 costs consist of approximately $0.3 million in cost of revenue, $10.8 million in research and development (R&D) expenses, $11.1 million in sales, marketing, general and administrative (SG&A) expenses, and approximately $0.4 million in severance expenses. Year-over-year net loss improvement with a net loss of approximately $(19.4) million, or $(4.15) per basic and diluted share for the year ended December 31, 2023, versus a net loss of approximately $(26.3) million, or $(6.78) per basic and diluted share, for the year ended Dec
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WATT
News
- Energous Co. (NASDAQ: WATT) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Energous Co. (NASDAQ: WATT) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Energous Co. (NASDAQ: WATT) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Energous Co. (NASDAQ: WATT) was downgraded by analysts at LADENBURG THALM/SH SH from a "buy" rating to a "neutral" rating. They now have a $2.00 price target on the stock, down previously from $3.50.MarketBeat
- Energous Corporation (NASDAQ:WATT) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
WATT
Earnings
- 8/10/23 - Beat
WATT
Analyst Actions
- 4/5/24 - Ladenburg Thalmann
WATT
Sec Filings
- 4/26/24 - Form ARS
- 4/26/24 - Form DEFA14A
- 4/26/24 - Form DEF
- WATT's page on the SEC website