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WiSA Technologies: Q1 Earnings Insights

By Benzinga Insights

 

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.

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