Summit Wireless Technologies, Inc. (WISA)

NASDAQ: WISA · IEX Real-Time Price · USD
0.735
-0.020 (-2.66%)
At close: May 20, 2022 4:00 PM
0.700
-0.035 (-4.762%)
After-hours:May 20, 2022 5:20 PM EDT
Market Cap12.41M
Revenue (ttm)5.95M
Net Income (ttm)-13.64M
Shares Out16.88M
EPS (ttm)-1.00
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume42,564
Open0.770
Previous Close0.755
Day's Range0.734 - 0.790
52-Week Range0.670 - 7.060
Beta-0.28
AnalystsBuy
Price Target6.63 (+802.0%)
Earnings DateMay 11, 2022

About WISA

WiSA Technologies, Inc. develops, manufactures, and sells audio wireless technology for smart devices and next-generation home entertainment systems under the WiSA brand name in the United States, Taiwan, China, Japan, and Korea. It delivers immersive audio experiences for high-definition content, including movies, video, music, sports, gaming/esports, and others. The company was formerly known as Summit Wireless Technologies, Inc. and changed its name to WiSA Technologies Inc. in March 2022. WiSA Technologies, Inc. was incorporated in 2010 and...

IndustrySemiconductors & Semiconductor Equipment
IPO DateJul 27, 2018
Employees46
Stock ExchangeNASDAQ
Ticker SymbolWISA
Full Company Profile

Financial Performance

In 2021, WISA's revenue was $6.54 million, an increase of 172.09% compared to the previous year's $2.40 million. Losses were -$11.82 million, -6.97% less than in 2020.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for WISA stock is "Buy." The 12-month stock price forecast is 6.63, which is an increase of 802.04% from the latest price.

Price Target
$6.63
(802.04% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Dynaudio's New Focus Series, a Complete Wireless Sound System, Earns WiSA HT Interoperability Certification

SAN JOSE, Calif.--(BUSINESS WIRE)--Dynaudio launches WiSA HT Interoperable Certified Focus series, including Focus 10, Focus 30 and Focus 50.

1 day ago - Business Wire

WiSA Technologies to Participate in Upcoming Investor Conferences

BEAVERTON, Ore.--(BUSINESS WIRE)--WiSA Technologies to Participate in Upcoming Investor Conferences

2 days ago - Business Wire

WiSA Technologies Inc. (WISA) Reports Q1 Loss, Lags Revenue Estimates

WiSA Technologies Inc. (WISA) delivered earnings and revenue surprises of -30% and 62.27%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

1 week ago - Zacks Investment Research

WiSA Shares Drop On 50% Revenue Decline In Q1; Margin Shrinks

WiSA Technologies, Inc (NASDAQ: WISA) reported a first-quarter FY22 revenue decline of 50% year-on-year to $0.6 million, missing the consensus of $1.38 million. The gross margin contracted 1,500 bps Y/Y...

1 week ago - Benzinga

WiSA Technologies Reports Q1 2022 Results

BEAVERTON, Ore.--(BUSINESS WIRE)--WiSA Technologies, Inc. (Nasdaq: WISA) (“WiSA Technologies” or “Company”) reported its first quarter 2022 financial results. In its conference call and presentation lat...

1 week ago - Business Wire

WiSA SoundSend Named Top New Technology (TNT) Award Winner

SAN JOSE, Calif.--(BUSINESS WIRE)--WiSA® LLC, a subsidiary of WiSA Technologies, Inc. (NASDAQ: WISA), announced today its WiSA SoundSend wireless audio transmitter was named a 2022 Top New Technology (T...

1 week ago - Business Wire

Wharfedale Launches its WiSA HT Certified Opal Wireless Home Theater Speaker System for Sale in China

SAN JOSE, Calif.--(BUSINESS WIRE)--The Opal speaker system is Wharfedale's first WiSA HT-certified interoperable system, delivering cinema-quality sound to the Chinese market.

2 weeks ago - Business Wire

WiSA Technologies to Report First Quarter 2022 Results and Host Conference Call on May 11th

BEAVERTON, Ore.--(BUSINESS WIRE)--WiSA Technologies to Report First Quarter 2022 Results and Host Conference Call on May 11th

3 weeks ago - Business Wire

WiSA Technologies to Participate in the 2022 Maxim Virtual Growth Conference

BEAVERTON, Ore.--(BUSINESS WIRE)---- $WISA #WISA--WiSA Technologies to Participate in the 2022 Maxim Virtual Growth Conference March 28th – 30th from 9 am – 5 pm EDT

2 months ago - Business Wire

Summit Wireless Technologies Reports Q4 and Full Year 2021 Results and Announces Name Change to WiSA Technologies, Inc.

BEAVERTON, Ore.--(BUSINESS WIRE)--Summit Wireless Technologies Reports Q4 and Full Year 2021 Results and Announces Name Change to WiSA Technologies Inc.

2 months ago - Business Wire

Summit Wireless Technologies to Host Fourth Quarter and Year-End Update Conference Call on March 11th

SAN JOSE, Calif.--(BUSINESS WIRE)---- $WISA #WISA--Summit Wireless Technologies to Host Fourth Quarter and Year-End Update Conference Call on March 11th

2 months ago - Business Wire

WiSA Partners with Realtek to Develop and Launch a 5GHz Multichannel Immersive Audio Module

SAN JOSE, Calif.--(BUSINESS WIRE)---- $WISA #SummitWirelessTechnologies--WiSA, LLC, a wholly-owned subsidiary of Summit Wireless Technologies, Inc. (Nasdaq: WISA), a leading provider of immersive, wirel...

4 months ago - Business Wire

Summit Wireless Technologies Reports Preliminary 2021 Revenue, Up Over 170% Year-over-Year

SAN JOSE, Calif.--(BUSINESS WIRE)---- $WISA--Summit Wireless Technologies (NASDAQ: WISA), reported that preliminary revenue for the fourth quarter ended December 31, 2021 is expected to be approximately...

4 months ago - Business Wire

WiSA Wave Drives Nearly 1 Million Consumers in Q4 to WiSA's Websites for Holiday Shopping, Association Anticipates 3-...

SAN JOSE, Calif.--(BUSINESS WIRE)--WiSA® LLC, founded by Summit Wireless Technologies (NASDAQ: WISA), today announced its new website URL, www.wisatechnologies.com, which will serve as the primary site ...

4 months ago - Business Wire

WiSA SoundSend Receives 2022 Smart Home Division Mark of Excellence Award, Presented by the Consumer Technology Assoc...

SAN JOSE, Calif.--(BUSINESS WIRE)--WiSA® LLC, founded by Summit Wireless Technologies (NASDAQ: WISA), today announced that the WiSA SoundSend wireless audio transmitter was named a 2022 Mark of Excellen...

4 months ago - Business Wire

Summit Wireless New Low-Cost Module for Spatial Audio Available Now!

SAN JOSE, Calif.--(BUSINESS WIRE)---- $wisa--Summit Wireless Technologies, Inc. (NASDAQ: WISA), the leading developer of immersive spatial wireless sound technology, has partnered with Espressif Systems...

4 months ago - Business Wire

Summit Wireless Technologies Appoints Consumer Brands Marketing Expert David M. Howitt to the Board

SAN JOSE, Calif.--(BUSINESS WIRE)---- $WISA--Summit Wireless Technologies, Inc. (Nasdaq: WISA), a leading provider of immersive, wireless sound technology for intelligent devices and next-generation ent...

5 months ago - Business Wire

PIEGA's New Ace Wireless Series Receives WiSA Interoperability Certification

SAN JOSE, Calif.--(BUSINESS WIRE)--WiSA's newest Association member PIEGA launches WiSA Certified™ Ace Wireless series, an all-in-one speaker solution for premium sound quality

5 months ago - Business Wire

Summit Wireless Technologies Grew Revenue 198% in Q3 2021 Year-over-Year

SAN JOSE, Calif.--(BUSINESS WIRE)--Summit Wireless Technologies, Inc. (Nasdaq: WISA), a leading provider of immersive, wireless sound technology for intelligent devices and next-generation home entertai...

6 months ago - Business Wire

Summit Wireless Technologies to Present at the Ladenburg Thalmann Tech Expo 2021

SAN JOSE, Calif.--(BUSINESS WIRE)--Summit Wireless Technologies, Inc. (Nasdaq: WISA), a leading provider of immersive, wireless sound technology for intelligent devices and next-generation home entertai...

6 months ago - Business Wire

WiSA Expands to Seven Online Storefronts Where Consumers Can Find Great Home Entertainment Systems Starting This Holi...

SAN JOSE, Calif.--(BUSINESS WIRE)--WiSA launches new initiative, the WiSA Certified™ Retailer Program, which enables retailers to be a part of the award-winning WiSA brand.

6 months ago - Business Wire

Summit Wireless Technologies to Present at the Rocky Mountain Microcap Conference VIII

SAN JOSE, Calif.--(BUSINESS WIRE)---- $WISA #WISA--Summit Wireless Technologies, Inc. (Nasdaq: WISA), a leading provider of immersive, wireless sound technology for intelligent devices and next-generati...

6 months ago - Business Wire

Summit Wireless Technologies to Host Third Quarter Update Conference Call on November 10th

SAN JOSE, Calif.--(BUSINESS WIRE)---- $WISA #WISA--Summit Wireless Technologies, Inc. announced management will hold a call to provide a business update including its third quarter results.

6 months ago - Business Wire

Why Are Summit Wireless Shares Trading Lower Today?

Immersive, wireless sound technology provider Summit Wireless Technologies Inc (NASDAQ: WISA) sees preliminary third-quarter FY21 revenue growth of 200% year-on-year to $1.8 million. The compares to the...

7 months ago - Benzinga

Summit Wireless Technologies Reports Approximately 200% Growth for Q3 2021 Preliminary Revenue, Year-over-Year

SAN JOSE, Calif.--(BUSINESS WIRE)---- $WISA--Summit Wireless Technologies, Inc. provided a preliminary Q3 2021 revenue of approximately $1.8 million, up approximately 200% compared with Q3 2020.

7 months ago - Business Wire