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Eco Wave Power Global (WAVE)
NASDAQ:WAVE
Earnings Data
Report Date
Aug 14, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.13Last Year’s EPS
-0.09Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 08, 2025
|% Change Since: -1.81%
|Next Earnings Date:Aug 14, 2025
Earnings Call Sentiment|Positive
Eco Wave Power's Q1 2025 earnings call highlights a period of strategic project advancements and partnerships, despite some increases in operating expenses and a decrease in cash reserves. The overall sentiment leans positive, with significant progress in project development and successful testing outcomes.Company Guidance
During the Eco Wave Power First Quarter 2025 Earnings Call, the company reported a net loss of $505,000, reflecting a 4.2% improvement compared to the same period last year. Operating expenses increased to $765,000, primarily due to engineering and execution work in Los Angeles and Portugal, although enhanced net financing income helped offset these costs. The company ended the quarter with $8.8 million in cash and short-term deposits, down from $9.3 million at the end of 2024, attributed to development spending across various regions, including India and Taiwan. Key advancements included a floaters manufacturing agreement in Los Angeles with All-Ways Metal expected to conclude by the end of Q2, and finalized engineering designs for a 20-megawatt project in Portugal. In Israel, the EWP-EDF 1 installation demonstrated robust performance, achieving an average power output of 13 kilowatts with peak production at 40 kilowatts, supporting projections of increased output with system scaling. The company also formed an advisory board, welcoming Hilary Ackermann as its first member to bolster strategic direction and governance.Reduction in Net Loss
Eco Wave Power recorded a net loss of U.S.$505,000 in Q1 2025, an improvement from U.S.$527,000 in the same period last year, reflecting cost discipline efforts.
Advancements in Los Angeles and Portugal Projects
Significant progress in the Los Angeles project with a manufacturing agreement for floaters and engineering design finalization for the 20-megawatt concession in Portugal.
Successful Testing in Israel
The EWP-EDF 1 installation at Jaffa Port logged zero downtime and demonstrated consistent performance, validating design and guiding future R&D.
Strategic Partnerships in India and Taiwan
Progress in partnerships with Bharat Petroleum in India and I-Ke International Ocean Energy in Taiwan, moving towards contract execution.
Formation of Advisory Board
Established an advisory board and welcomed Hilary Ackermann, enhancing governance and strategic direction.
WAVE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
WAVE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 08, 2025 | $6.08 | $6.30 | +3.62% |
Mar 03, 2025 | $7.51 | $7.38 | -1.73% |
Nov 21, 2024 | $8.99 | $9.24 | +2.78% |
Aug 29, 2024 | $4.10 | $4.16 | +1.46% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Eco Wave Power Global (WAVE) report earnings?
Eco Wave Power Global (WAVE) is schdueled to report earning on Aug 14, 2025, TBA Not Confirmed.
What is Eco Wave Power Global (WAVE) earnings time?
Eco Wave Power Global (WAVE) earnings time is at Aug 14, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is WAVE EPS forecast?
WAVE EPS forecast for the fiscal quarter 2025 (Q2) is -0.13.