Energous (WATT) Projected to Post Earnings on Thursday

Energous (NASDAQ:WATT) is expected to release its earnings data before the market opens on Thursday, March 27th. Analysts expect the company to announce earnings of ($0.74) per share and revenue of $0.50 million for the quarter.

Energous (NASDAQ:WATT) last posted its quarterly earnings data on Thursday, February 27th. The industrial products company reported ($0.33) earnings per share (EPS) for the quarter. Energous had a negative return on equity of 317.56% and a negative net margin of 4,368.98%. The company had revenue of $0.43 million for the quarter. On average, analysts expect Energous to post $-3 EPS for the current fiscal year and $-2 EPS for the next fiscal year.

Energous Stock Performance

NASDAQ WATT opened at $0.29 on Wednesday. Energous has a twelve month low of $0.26 and a twelve month high of $2.70. The stock has a market cap of $8.85 million, a PE ratio of -0.09 and a beta of 2.41. The firm has a 50-day simple moving average of $0.40 and a 200 day simple moving average of $0.52.

About Energous

Energous Corporation provides wireless charging system solutions in the United States. The company develops WattUp wireless power networks technology that consists of semiconductor chipsets; software controls; hardware designs; and antennas that enables radio frequency-based charging for Internet of Things devices.