Energous Corporation Reports 2021 Third-Quarter Financial Results

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Energous Corp (WATT) PT Lowered to $5 at Ladenburg Thalmann, Keeps 'Buy' as They Expect 'Significant' Revenue in Q4

November 15, 2021 11:16 AM EST

Ladenburg Thalmann analyst Jonathan Hickman lowered the price target on Energous Corp (NASDAQ: WATT) to $5.00 (from $6.00) while maintaining a Buy rating following results. The analyst notes partnership activity is claiming and expect significant revenue in Q4.

The analyst commented, "Though not yet... More

Energous (WATT) Misses Q3 EPS by 5c

November 11, 2021 4:01 PM EST

Energous (NASDAQ: WATT) reported Q3 EPS of ($0.20), $0.05 worse than the analyst estimate of ($0.15). Revenue for the quarter came in at $201.36 thousand versus the consensus estimate of $400 thousand.

$28.3 million in cash and cash equivalents at the end of the third quarter, with no... More