WiSA Technologies reports preliminary Q3 revenue growth of over 200% Q/Q

seekingalpha10-16

WiSA Technologies (NASDAQ:WISA) has reported preliminary Q3 2024 revenue of $1M to $1.2M, driven by sales of its WiSA multichannel wireless audio technology. Activation of the WiSA E transmit ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2475916755?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-10-16 22:04","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"2475916755","market":"nz","top_or_hot":-1,"title":"WiSA Technologies reports preliminary Q3 revenue growth of over 200% Q/Q","media":"seekingalpha","content":"<div>\n<p>WiSA Technologies (NASDAQ:WISA) has reported preliminary Q3 2024 revenue of $1M to $1.2M, driven by sales of its WiSA multichannel wireless audio technology. Activation of the WiSA E transmit ...</p>\n\n<a href=\"https://seekingalpha.com/news/4165079-wisa-technologies-reports-preliminary-q3-revenue-growth-of-over-200-qq\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>WiSA Technologies reports preliminary Q3 revenue growth of over 200% Q/Q</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWiSA Technologies reports preliminary Q3 revenue growth of over 200% Q/Q\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-16 22:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4165079-wisa-technologies-reports-preliminary-q3-revenue-growth-of-over-200-qq><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>WiSA Technologies (NASDAQ:WISA) has reported preliminary Q3 2024 revenue of $1M to $1.2M, driven by sales of its WiSA multichannel wireless audio technology. Activation of the WiSA E transmit ...</p>\n\n<a href=\"https://seekingalpha.com/news/4165079-wisa-technologies-reports-preliminary-q3-revenue-growth-of-over-200-qq\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"WISA","symbol_name":"WiSA Technologies","start_time":0,"source_url":"https://seekingalpha.com/news/4165079-wisa-technologies-reports-preliminary-q3-revenue-growth-of-over-200-qq","article_id":"2475916755","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2475916755","pubTimestamp":1729087470,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"WiSA Technologies  has reported preliminary Q3 2024 revenue of $1M to $1.2M, driven by sales of its WiSA multichannel wireless audio technology. Activation of the WiSA E transmit functionality triggers royalty payments back and generates additional revenue from the sale of WiSA E-enabled receiver modules using a Realtek Wi-Fi chip.   The Co. expects to build momentum with continued shipments to this customer, with additional deployments anticipated in 2025. \"In Q3 2024, we expect WiSA to deliver over 200% sequential revenue growth, driven by both WiSA HT and our new WiSA E IP being in production with a multinational licensee,\" said Brett Moyer, CEO. The Co. plans to file its Form 10-Q for the third quarter ended September 30, 2024, on November 14, 2024.","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"WISA":"WiSA Technologies"},"translate_title":"WiSA Technologies报告第三季度初步收入环比增长超过200%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WISA":0.9},"content_text":"WiSA Technologies (NASDAQ:WISA) has reported preliminary Q3 2024 revenue of $1M to $1.2M, driven by sales of its WiSA multichannel wireless audio technology. Activation of the WiSA E transmit functionality triggers royalty payments back and generates additional revenue from the sale of WiSA E-enabled receiver modules using a Realtek Wi-Fi chip.   The Co. expects to build momentum with continued shipments to this customer, with additional deployments anticipated in 2025. \"In Q3 2024, we expect WiSA to deliver over 200% sequential revenue growth, driven by both WiSA HT and our new WiSA E IP being in production with a multinational licensee,\" said Brett Moyer, CEO. The Co. plans to file its Form 10-Q for the third quarter ended September 30, 2024, on November 14, 2024.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2475916755"}