Summit Wireless Technologies Inc

WiSA Technologies, Inc. engages in the manufacture of modules which wirelessly transmit and receive audio directly to speakers. Its products include Summit TX-SD, Summit RX-SD, TX Dev Kit, RX Dev Kit, 30 Watt Amp, and DAC board. The company was founded on July 23, 2010 and is headquartered in Beaverton, OR.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Summit Wireless anticipates growth in 2023 despite revenue decline

Summit Wireless Technologies Inc navigated a challenging financial year with declining revenues but anticipates growth in 2023 driven by new product launches.
Despite investor concerns, the company remains focused on innovation, cost reductions, and strategic partnerships to address financial challenges and drive revenue growth.
Management's acknowledgment of past performance issues and proactive steps to optimize operations and explore partnerships reflect a commitment to enhancing shareholder value.
The company's confidence in product relevance, technology advancements, and market opportunities positions them for potential growth and success in the consumer electronics industry.

WiSA Technologies forecasts revenue growth and strategic acquisition with Comhear

WiSA Technologies anticipates revenue growth through technology investments, new product launches, and the strategic acquisition of Comhear. Despite facing challenges like industry headwinds and operational concerns, WiSA remains focused on leveraging opportunities in the audio market.

WiSA anticipates growth with new wireless technology solutions

WiSA Technologies is optimistic about the future, particularly with the launch of WiSA E and its potential impact on revenue and market positioning.
The company is strategically positioned for growth with a focus on wireless technology and cost-effective solutions.

WiSA Technologies excels in Q3 with innovative audio products

WiSA Technologies demonstrated solid performance in Q3 2023 with revenue growth and positive feedback on their audio products, positioning them well in the market.
The company's strengths lie in innovation, strategic partnerships, and favorable market response, while challenges include market differentiation and operational efficiency.
Opportunities for WiSA include market expansion, partnership growth, and leveraging consumer interest in immersive audio experiences to drive adoption and revenue.

WiSA Technologies reports strong Q1 progress with WiSA E launch

WiSA Technologies is on track for growth with the successful launch of WiSA E and multiple licensing agreements. Challenges include revenue ramp-up and international market launches, but opportunities exist in expanding licenses and leveraging their cash position.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

WiSA Technologies, Inc. engages in the manufacturing of modules which wirelessly transmit and receive audio directly to speakers. Its products include Summit TX-SD, Summit RX-SD, TX Dev Kit, RX Dev Kit, 30 Watt Amp, and DAC board. The company was founded on July 23, 2010 and is headquartered in Beaverton, OR.

Summit Wireless Technologies, Inc. (WISA) CEO Brett Moyer on Q2 2019 Results - Earnings Call Transcript

Summit Wireless Technologies, Inc. (WISA) CEO Brett Moyer on Q1 2019 Results - Earnings Call Transcript

News for Summit Wireless Technologies Inc Stock (WISA)