Summit Wireless Technologies, Inc. (WISA)
| Market Cap | 12.41M |
| Revenue (ttm) | 5.95M |
| Net Income (ttm) | -13.64M |
| Shares Out | 16.88M |
| EPS (ttm) | -1.00 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 42,564 |
| Open | 0.770 |
| Previous Close | 0.755 |
| Day's Range | 0.734 - 0.790 |
| 52-Week Range | 0.670 - 7.060 |
| Beta | -0.28 |
| Analysts | Buy |
| Price Target | 6.63 (+802.0%) |
| Earnings Date | May 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...
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 StatementsAnalyst 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.
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.
WiSA Technologies to Participate in Upcoming Investor Conferences
BEAVERTON, Ore.--(BUSINESS WIRE)--WiSA Technologies to Participate in Upcoming Investor Conferences
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?
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...
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...
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...
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.
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
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
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.
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
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...
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...
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 ...
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...
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...
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...
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
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...
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...
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.
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...
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.
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...
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.