Summit Wireless Technologies (WISA) Posts Quarterly Earnings Results, Misses Expectations By $0.01 EPS

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

Shares of NASDAQ:WISA traded up $0.05 on Thursday, hitting $1.90. The company had a trading volume of 41,610 shares, compared to its average volume of 30,870. Summit Wireless Technologies has a 52-week low of $1.50 and a 52-week 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.

Further Reading: Debt-To-Equity Ratio

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