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Energous Corp. reports $2.5 million loss in Q3

Associated Press · ·by G4L

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WATT Energous Corp
$8.74 -2.78%
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  1. 1Energous Corp. recorded a loss of $2.5 million in the third quarter.
  2. 2Energous Corp. reported a loss of 45 cents per share in the third quarter.
  3. 3Energous Corp. reported revenue of $3.4 million in the third quarter.

So what's the key point?

Energous Corp. lost $2.5 million in the third quarter. This means the company spent more money than it earned in sales.

Source Associated Press · View original ↗

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