Summit Wireless Technologies, Inc. (NASDAQ:WISA) is reporting third quarter financial results on Tuesday 10th November 2020, before market open.
According to analysts surveyed by Thomson Reuters, WISA is expected to report 3Q20 loss of $ 0.3 per share from revenue of $ 0.50 million.
For the full year, analysts anticipate top line of $ 2.30 million, while looking forward to loss of $ 2.15 per share bottom line.
Stock Performance
Shares of Summit Wireless Technologies, Inc. traded up $ 0.17 or 8.67 percent on Monday, reaching $ 2.13 with volume of 207.00 thousand shares. Summit Wireless Technologies, Inc. has traded high as $ 2.21 and has cracked $ 1.99 on the downward trend
According to the previous trading day, closing price of $ 2.13, representing a 13.95 % increase from the 52 week low of $ 1.72 and a 90.1 % decrease over the 52 week high of $ 19.80.
The company has a market capital of $ 16.66 million and is part of the Technology sector and Semiconductors industry.
Recent Analyst recommendations
- On 1st October 2020, initiated by Maxim Group at Buy rating, with $ 5.00 target price.
Conference Call
Summit Wireless Technologies, Inc. will be hosting a conference call at 10:30 AM eastern time on 10th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.summitwireless.com
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.
