NASDAQ$WATT
Energous Corp · Q4 2019 earnings
Q4 2019 earnings · · Investor relations
Briefing
Reported revenue of $45,643 and a net loss of $9.4 million for the fourth quarter of 2019.
Energous Corporation reported fourth-quarter financial results, with revenue reaching $45,643 and a net loss of $9.4 million, or $0.29 per share. The company highlighted recent achievements, including regulatory approval in Japan and partnerships for its WattUp wireless charging technology, expressing confidence in revenue growth for 2020.
- Revenue for the fourth quarter of 2019 was $45,643.
- Net loss for the quarter was $9.4 million, or $0.29 per share.
- Operating expenses totaled approximately $9.5 million.
- Cash and cash equivalents were $21.7 million at the end of the quarter.
Headline financials
Revenue & EPS history
Energous · Revenue · Quarterly
$45.6K
Forward guidance
Energous anticipates a revenue ramp in 2020, driven by recent technological and customer progress, including partnerships and opportunities to broaden the installed base of WattUp.
Tailwinds
- Japan regulatory approval received for its WattUp wireless charging technology
- Partners PiBEX and SK Telesys are developing an ultra-wideband (UWB) tracking tag for POSCO, which will include integration with the WattUp RF wireless charging technology
- Availability of its smart glasses developer kits
- Confidence in a revenue ramp in 2020
- Forge ahead with several partnerships and other opportunities, including ZPower and POSCO, to help broaden the installed base of WattUp
Headwinds
- Uncertain timing of necessary regulatory approvals
- Timing of customer product development
- Market success of customer products
- Dependence on distribution partners
- Intense industry competition
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 18 quarterly earnings reports · overlaid with Q4 2019
-3.3%
Avg return
Earnings day
-4.0%
Avg return
5 days after
-10.2%
Avg return
30 days after
34%
17 / 50 earnings
Positive
+17.9%
Q3 2016
Best reaction
-29.4%
Q4 2018
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | +2.9% | +0.0% | — | |
| Q1 2026 | -7.1% | -3.9% | -10.0% | |
| Q3 2025 | +2.4% | -7.7% | -25.0% | |
| Q2 2025 | +1.2% | -5.3% | -20.6% | |
| Q1 2025 | -7.7% | -8.2% | -7.9% | |
| Q4 2024 | -2.9% | -11.1% | -23.6% | |
| Q3 2024 | -0.7% | -4.8% | -42.9% | |
| Q2 2024 | -9.4% | -9.8% | -12.0% | |
| Q1 2024 | +6.0% | +3.3% | -20.5% | |
| Q4 2023 | -6.7% | -5.1% | -30.3% | |
| Q3 2023 | -28.8% | -31.5% | -21.7% | |
| Q2 2023 | -3.9% | -26.0% | -64.7% | |
| Q1 2023 | -8.7% | -20.1% | -18.0% | |
| Q4 2022 | -15.3% | -19.9% | -24.8% | |
| Q3 2022 | -6.0% | -9.5% | -11.2% | |
| Q2 2022 | +4.6% | +11.5% | +6.9% | |
| Q1 2022 | -1.5% | +4.7% | +27.1% | |
| Q4 2021 | +10.4% | +4.7% | +14.2% | |
| Q3 2021 | -3.5% | -6.5% | -29.0% | |
| Q2 2021 | +11.0% | +9.7% | +5.3% | |
| Q1 2021 | -14.1% | -2.3% | +14.1% | |
| Q4 2020 | -12.8% | -7.0% | -21.4% | |
| Q3 2020 | -0.5% | -5.1% | -17.7% | |
| Q2 2020 | +0.6% | +2.8% | -2.8% | |
| Q1 2020 | -16.2% | -13.7% | -2.5% | |
| Q4 2019 | -7.3% | -13.6% | -50.2% | |
| Q3 2019 | -16.8% | -16.8% | -30.1% | |
| Q2 2019 | -0.8% | +2.4% | -5.8% | |
| Q1 2019 | -4.0% | +2.8% | -12.3% | |
| Q4 2018 | -29.4% | -20.7% | -22.3% | |
| Q3 2018 | -5.2% | +1.7% | -4.2% | |
| Q2 2018 | -10.2% | +4.1% | -6.6% | |
| Q1 2018 | +1.0% | +2.8% | +2.6% | |
| Q4 2017 | -1.0% | -1.2% | -0.5% | |
| Q3 2017 | +14.6% | +19.1% | +12.7% | |
| Q2 2017 | -4.7% | -13.2% | -12.2% | |
| Q1 2017 | +14.7% | +16.9% | +23.8% | |
| Q4 2016 | -2.9% | +2.1% | -4.5% | |
| Q3 2016 | +17.9% | +8.9% | +32.7% | |
| Q2 2016 | +0.5% | +5.1% | +17.9% | |
| Q1 2016 | -9.7% | — | — | |
| Q4 2015 | -3.1% | — | — | |
| Q3 2015 | -15.6% | — | — | |
| Q2 2015 | +0.9% | — | — | |
| Q1 2015 | -5.1% | — | — | |
| Q4 2014 | +3.6% | — | — | |
| Q3 2014 | +1.8% | — | — | |
| Q2 2013 | +6.1% | — | — | |
| Q2 2014 | -0.2% | — | — | |
| Q1 2014 | -3.0% | — | — | |
| Q3 2013 | — | — | — | |
| Q1 2013 | — | — | — |
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