Energous (WATT) Expected to Announce Quarterly Earnings on Thursday

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

Energous (NASDAQ:WATT) last posted its quarterly earnings results on Thursday, February 27th. The industrial products company reported ($0.33) earnings per share for the quarter. 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 during the quarter. 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

WATT opened at $0.29 on Wednesday. The company has a market capitalization of $8.85 million, a PE ratio of -0.09 and a beta of 2.41. The business has a 50-day moving average of $0.40 and a 200-day moving average of $0.52. Energous has a fifty-two week low of $0.26 and a fifty-two week 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.