Energous Corporation Reports 2024 First Quarter Results
Energous Corporation (NASDAQ: WATT), a leading developer of RF-based intelligent wireless power networks, today announced financial results for the three months ended March 31, 2024, and provided an update on recent partnerships and company highlights.
- Energous Corporation (NASDAQ: WATT), a leading developer of RF-based intelligent wireless power networks, today announced financial results for the three months ended March 31, 2024, and provided an update on recent partnerships and company highlights.
- Revenue for the three months ended March 31, 2024 of approximately $0.1 million versus $0.1 million in the 2023 period.
- Costs and expenses for the three months ended March 31, 2024 totaled $6.7 million versus $6.4 million in the 2023 period.
- These retailers intend to use the Energous wireless network solutions to implement real-time asset management systems to reduce losses and lower costs.