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WiSA Technologies, Inc. (WISA)
:WISA
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Earnings Data
Report Date
May 14, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 27, 2019
|% Change Since: -23.20%
|Next Earnings Date:Nov 15, 2018
Earnings Call Sentiment|Positive
The earnings call for WiSA Technologies reflected a positive trajectory with significant revenue growth and strategic acquisitions. While there are financial obligations and pending regulatory approvals, the company's expansion into new markets and improved operational performance provide a strong foundation for future growth.Company Guidance
During the Q3 2024 earnings call for WiSA Technologies, several key metrics and updates were discussed by the executives. The company reported a significant increase in revenue, reaching $1.2 million, which represented a 240% rise compared to previous periods. This growth was attributed to both WiSA HT and WiSA E sales, with expectations for further revenue increase in the fourth quarter. WiSA managed to improve its gross margins by transitioning its Platin Audio speaker lineup to a direct-to-consumer model, reducing inventory by 17%. Additionally, the company ended the quarter with $3.9 million in cash. WiSA's strategic acquisition of Data Vault Holdings' patents and trademarks for $200 million in stock and a $10 million unsecured promissory note was a major highlight, signaling a transformation for the company. The move is set to bring new products to market, leveraging a combined portfolio of 67 patents, which is expected to grow to 100 by mid-2025. The company's forward-looking strategy includes enhancing software licensing and entering high-growth markets such as blockchain and AI, aiming for significant gross margin improvements and increased revenue streams in 2025 and beyond.Significant Revenue Growth
WiSA Technologies reported $1.2 million in revenue for Q3, marking a 240% increase compared to previous periods.
Improved Gross Margins
Gross margins improved due to the strategic move to direct-to-consumer sales and inventory reduction by 17%.
Strategic Acquisition
WiSA acquired patents and trademarks from Data Vault Holdings, expanding its IP portfolio with 26 new patents.
Operational Milestones in WiSA E
WiSA E technology began shipping for use in a set-top box, with products expected on shelves for the Christmas season.
New Market Opportunities
Expansion into blockchain and artificial intelligence verticals, with pilots in event venues and partnerships with major brands.
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WISA 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
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WISA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 15, 2024 | $1.94 | $2.07 | +6.70% |
| Aug 14, 2024 | $1.71 | $1.69 | -1.17% |
| May 21, 2024 | $3.56 | $2.46 | -30.90% |
| Mar 27, 2024 | $3.38 | $3.18 | -5.92% |
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.
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FAQ
When does WiSA Technologies, Inc. (WISA) report earnings?
WiSA Technologies, Inc. (WISA) is schdueled to report earning on May 14, 2025, TBA Not Confirmed.
What is WiSA Technologies, Inc. (WISA) earnings time?
WiSA Technologies, Inc. (WISA) earnings time is at May 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 WISA EPS forecast?
Currently, no data Available
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