Energous (NASDAQ:WATT) Releases Quarterly Earnings Results

Energous (NASDAQ:WATTGet Free Report) announced its earnings results on Thursday. The industrial products company reported ($0.33) earnings per share (EPS) for the quarter, Zacks reports. Energous had a negative return on equity of 317.56% and a negative net margin of 4,368.98%. The company had revenue of $0.43 million for the quarter.

Energous Stock Performance

NASDAQ:WATT opened at $0.36 on Friday. The firm’s 50-day moving average is $0.57 and its 200-day moving average is $0.59. Energous has a 52-week low of $0.28 and a 52-week high of $2.70. The company has a market cap of $10.82 million, a price-to-earnings ratio of -0.12 and a beta of 2.31.

About Energous

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Energous Corporation provides wireless charging system solutions in the United States. The company develops WattUp wireless power networks technology that consists of semiconductor chipsets; software controls; hardware designs; and antennas that enables radio frequency-based charging for Internet of Things devices.

Further Reading

Earnings History for Energous (NASDAQ:WATT)

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