Energous (WATT) Tops Q2 EPS by 3c
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Energous Corporation Reports 2023 Second-Quarter Results
August 10, 2023 4:05 PM EDTSAN JOSE, Calif.--(BUSINESS WIRE)-- Energous Corporation (NASDAQ: WATT), a leading developer of RF-based charging for wireless power networks, today announced financial results for its second quarter ended June 30, 2023.
Unaudited 2023 Second-Quarter Financial Results
For the second quarter ended June 30, 2023, Energous reported:
Revenue of approximately $117,133, a 21% increase over Q1 2023 Costs and expenses of approximately $6.2 million, with approximately $82,818 in cost of revenue, $2.9 million in research and development, and $3.2 million in sales, marketing, general and administrative expenses Net loss of approximately $(4.0) million, or $(0.04) per basic and diluted... More