WiSA Technologies (NASDAQ:WISA) reported its Q1 earnings results on Wednesday, May 11, 2022 at 06:00 AM.
Here's what investors need to know about the announcement.
Earnings
WiSA Technologies missed estimated earnings by 62.5%, reporting an EPS of $-0.26 versus an estimate of $-0.16.
Revenue was down $587.00 thousand from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03 which was followed by a 12.5% drop in the share price the next day.
Here's a look at WiSA Technologies's past performance:
Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
---|---|---|---|---|
EPS Estimate | -0.22 | -0.16 | -0.28 | -0.30 |
EPS Actual | -0.19 | -0.21 | -0.42 | -0.33 |
Revenue Estimate | 1.96M | 2.01M | 1.21M | 1.26M |
Revenue Actual | 2.00M | 1.81M | 1.58M | 1.15M |
To track all earnings releases for WiSA Technologies visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.