WiSA Sees Q3 2024 Revenue $1M-$1.2M Vs $300K QoQ
Portfolio Pulse from Benzinga Newsdesk
WiSA Technologies anticipates a significant revenue increase in Q3 2024, projecting $1M-$1.2M compared to $300K in the previous quarter. This growth is attributed to the production of WiSA HT and WiSA E IP with a major licensee, leading to increased royalty payments and sales of WiSA E-enabled modules.
October 16, 2024 | 12:29 pm
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WiSA Technologies expects over 200% revenue growth in Q3 2024, driven by the production of WiSA HT and WiSA E IP with a major licensee. This growth is due to increased royalty payments and sales of WiSA E-enabled modules.
WiSA Technologies is projecting a significant increase in revenue for Q3 2024, from $300K to $1M-$1.2M. This is due to the production of WiSA HT and WiSA E IP with a major licensee, which will lead to increased royalty payments and sales of WiSA E-enabled modules. The news is highly relevant and important for investors as it indicates strong growth potential.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100