Energous (WATT) Misses Q4 EPS by 1c

Energous (NASDAQ: WATT) reported Q4 EPS of ($0.29), $0.01 worse than the analyst estimate of ($0.28). Revenue for the quarter came in at $45.6 thousand versus the consensus estimate of $300 thousand.

“With the Japan certification, combined with both the technological and customer progress, we have increasing confidence in a revenue ramp in 2020,” said Stephen R. Rizzone, president and CEO of Energous Corporation. “We are on track to forge ahead with several partnerships and other opportunities, including ZPower and POSCO, to help broaden the installed base of WattUp.”

For earnings history and earnings-related data on Energous (WATT) click here.

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