WiSA Technologies Inc reports results for the quarter ended September 30 - Earnings Summary

• WiSA Technologies Inc WISA.OQ reported a quarterly adjusted loss of $1.39​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $-145.50. The mean expectation of two analysts for the quarter was for a loss of 67 cents per share. Wall Street expected results to range from -74 cents to -60 cents per share.

• Revenue rose 52.4% to $1.17 million from a year ago; analysts expected $650.00 thousand.

• WiSA Technologies Inc's reported EPS for the quarter was a loss of $1.39​.

• The company reported a quarterly loss of $7.35 million.

• WiSA Technologies Inc shares had risen by 9.6% this quarter and lost 88.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 1.5% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the semiconductors peer group is "hold."

Wall Street's median 12-month price target for WiSA Technologies Inc is $14.00

This summary was machine generated from LSEG data November 15 at 02:03 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)