Energous (WATT) to Release Earnings on Thursday

Energous (NASDAQ:WATT) is expected to post its quarterly earnings results before the market opens on Thursday, March 27th. Analysts expect Energous to post earnings of ($0.74) per share and revenue of $0.50 million for the quarter.

Energous (NASDAQ:WATT) last issued its earnings results on Thursday, February 27th. The industrial products company reported ($0.33) earnings per share (EPS) for the quarter. The firm had revenue of $0.43 million during the quarter. Energous had a negative net margin of 4,368.98% and a negative return on equity of 317.56%. On average, analysts expect Energous to post $-3 EPS for the current fiscal year and $-2 EPS for the next fiscal year.

Energous Price Performance

Shares of WATT opened at $0.33 on Thursday. The firm has a market cap of $9.90 million, a PE ratio of -0.10 and a beta of 2.41. The stock’s fifty day moving average price is $0.43 and its two-hundred day moving average price is $0.54. Energous has a 1 year low of $0.26 and a 1 year high of $2.70.

Energous Company Profile

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.