Summit Wireless Technologies (NASDAQ:WISA) Releases Quarterly Earnings Results, Misses Estimates By $0.02 EPS

Summit Wireless Technologies (NASDAQ:WISA) released its quarterly earnings data on Wednesday. The company reported ($0.16) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.14) by ($0.02), Fidelity Earnings reports. The company had revenue of $0.35 million during the quarter.

Shares of NASDAQ WISA traded down $0.04 during mid-day trading on Friday, hitting $1.08. 295 shares of the stock traded hands, compared to its average volume of 50,963. Summit Wireless Technologies has a twelve month low of $0.76 and a twelve month high of $5.61. The firm has a 50 day simple moving average of $1.08 and a two-hundred day simple moving average of $1.74.

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.

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