WiSA Technologies (WISA) to Release Earnings on Thursday

WiSA Technologies (NASDAQ:WISA) will be issuing its quarterly earnings data after the market closes on Thursday, November 14th. Analysts expect the company to announce earnings of ($0.60) per share for the quarter.

WiSA Technologies (NASDAQ:WISA) last issued its earnings results on Wednesday, August 14th. The company reported ($1.50) EPS for the quarter. The firm had revenue of $0.35 million for the quarter. On average, analysts expect WiSA Technologies to post $-13 EPS for the current fiscal year and $-2 EPS for the next fiscal year.

WiSA Technologies Trading Down 4.4 %

Shares of WiSA Technologies stock opened at $1.74 on Thursday. WiSA Technologies has a 12-month low of $1.15 and a 12-month high of $38.10. The company has a 50-day simple moving average of $1.83 and a 200 day simple moving average of $2.42.

Analyst Ratings Changes

Separately, Ascendiant Capital Markets cut their target price on shares of WiSA Technologies from $18.00 to $14.00 and set a “buy” rating for the company in a research note on Thursday, August 29th.

WiSA Technologies Company Profile

WiSA Technologies, Inc develops, manufactures, and sells audio wireless technology for smart devices and next-generation home entertainment systems in the United States and Europe. The company offers wireless modules. It serves primarily to consumer electronics companies. The company was formerly known as Summit Wireless Technologies, Inc and changed its name to WiSA Technologies Inc in March 2022.