Energous' Q3 Loss Narrows Year Over Year, Revenues Increase

Energous Corporation (WATT) incurred a loss of 50 cents per share in third-quarter 2024. The company had reported a loss of 83 cents per share in the year-ago quarter.Energous reported net revenues of $230 thousand. The top line increased 36.1% year over year, driven by higher commercial Power Bridge transmitter system shipments. As of Nov. 8, 2024, the company had$ 0.2 million in backlog.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.WATT’s Segmental DiscussionWATT reports its rev ...