Energous Corporation Reports Fourth Quarter and Full Year 2020 Financial Results

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Go back to Energous Corporation Reports Fourth Quarter and Full Year 2020 Financial Results

Energous (WATT) Misses Q4 EPS by 3c, Revenues Miss

February 25, 2021 5:09 PM EST

Energous (NASDAQ: WATT) reported Q4 EPS of ($0.15), $0.03 worse than the analyst estimate of ($0.12). Revenue for the quarter came in at $90 thousand versus the consensus estimate of $170 thousand.

For the fourth quarter ended Dec. 31, 2020, Energous recorded:

Revenue of $90,000Operating expenses of approximately $7.6 million (GAAP), comprised of $4.2 million in research and development, and $3.4 million in selling,... More