Energous Corporation Reports First Quarter 2020 Financial Results

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Energous (WATT) Misses Q1 EPS by 3c

May 6, 2020 5:34 PM EDT

Energous (NASDAQ: WATT) reported Q1 EPS of ($0.25), $0.03 worse than the analyst estimate of ($0.22).

Unaudited 2020 First Quarter Financial Results

For the first quarter ended March 31, 2020, Energous recorded:

Revenue of $61,475Operating expenses of approximately $8.7 million (GAAP), comprised of $4.6 million in research and development, and... More