Summit Wireless Technologies (WISA) Reports Q2 Revenue of $900K

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Go back to Summit Wireless Technologies (WISA) Reports Q2 Revenue of $900K

WiSA Technologies Reports Q2 2022 Results

August 15, 2022 7:00 AM EDT

- Q2 2022 revenue increases 67% vs. Q1 2022 -

- WiSA DS gaining design traction with TVs and soundbars -

BEAVERTON, Ore.--(BUSINESS WIRE)-- WiSA Technologies, Inc. (Nasdaq: WISA), a developer of spatial, wireless sound technology for smart devices and next-generation home entertainment systems, reported its second quarter 2022 financial results.

As anticipated, Q2 2022 revenue rebounded 67% from Q1 2022, and we expect an additional sequential revenue boost in Q3 2022. While it is difficult to predict end market consumer spending in the all-important Fall season, we expect sequential... More