Energous: Q1 Earnings Snapshot

·1 min read

SAN JOSE, Calif. (AP) _ Energous Corp. (WATT) on Wednesday reported a loss of $8.5 million in its first quarter.

The San Jose, California-based company said it had a loss of 14 cents per share. Losses, adjusted for stock option expense, came to 11 cents per share.

The maker of wire-free charging technology posted revenue of $145,100 in the period. Its adjusted revenue was $145,000.

The company's shares closed at $2.90. A year ago, they were trading at $2.73.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WATT at https://www.zacks.com/ap/WATT

The Associated Press

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