Summit Wireless Technologies (WISA) Announces Earnings Results, Misses Estimates By $0.01 EPS

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Summit Wireless Technologies (NASDAQ:WISA) announced its quarterly earnings data on Tuesday. The company reported ($0.17) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.01), Fidelity Earnings reports. The business had revenue of $0.47 million for the quarter.

Summit Wireless Technologies stock traded up $0.10 during trading hours on Thursday, reaching $1.95. 27,573 shares of the stock were exchanged, compared to its average volume of 30,870. Summit Wireless Technologies has a twelve month low of $1.50 and a twelve month high of $5.61.

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Summit Wireless Technologies Company Profile

Summit Wireless Technologies, Inc develops wireless audio integrated circuits for home entertainment and professional audio markets in the United States, Europe, and the Asia Pacific. The company offers TX modules for TVs, AV receivers, media hubs, and small dongles that connect through USB or HDMI ports; and speaker systems.

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