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.

SAN JOSE, Calif.--(BUSINESS WIRE)--Leading consumer electronics brand Hisense drives consumer value with its WiSA Ready™ smart TV product line

Hisense TVs Certified WiSA Ready™, WiSA's Interoperability Standard Becoming Must-Have Feature for Smart TVs

Summit Wireless Technologies, Inc. (WISA) CEO Brett Moyer on Q4 2020 Results - Earnings Call Transcript

SAN JOSE, Calif.--(BUSINESS WIRE)--Summit Wireless Technologies, Inc. (NASDAQ: WISA), a leading provider of immersive, wireless sound technology for intelligent devices and next-generation home entertainment systems, provided an update for the fourth quarter ended December 31, 2020. Q4 2020 Financial Highlights: Revenue increased 141% to over $1.0 million, compared to $430,000 in the fourth quarter of 2019. Gross margin expanded to 24%, compared to 17% in the third quarter of 2020. Cash and cas

Summit Wireless Technologies Reports Record Fourth Quarter 2020 Revenue and Gross Margin

SAN JOSE, Calif.--(BUSINESS WIRE)--First-ever WiSA Ready laser projector takes wireless home cinema experience to the next level.

WiSA Ready™ 4K UHD Smart Projector from LG Electronics Now Available in United States

SAN JOSE, Calif.--(BUSINESS WIRE)--Platin Audio is announcing an additional home cinema product line – The Platin Milan 5.1.

Platin Audio Debuts Sleek and Powerful New Product Line for Home Cinema Sound

SAN JOSE, Calif.--(BUSINESS WIRE)--Summit Wireless Technologies to Participate in the Upcoming Conferences

Summit Wireless Technologies to Participate in the Upcoming Conferences

SAN JOSE, Calif.--(BUSINESS WIRE)--Summit Wireless Technologies to Host Fourth Quarter Update Conference Call on March 12th

Summit Wireless Technologies to Host Fourth Quarter Update Conference Call on March 12th

SAN JOSE, Calif.--(BUSINESS WIRE)--Summit Wireless Technologies, Inc. (NASDAQ: WISA), a leading provider of immersive, wireless sound technology for intelligent devices and next-generation home entertainment systems and founding member of the WiSA Association, announced that warrants exercised in the fourth quarter of 2020, along with warrants previously exercised this month and those which certain warrant holders have agreed to exercise as of January 18, 2021, will result in its receipt of an

Summit Wireless Technologies Reports $5.1 Million of Net Proceeds from Exercises of Warrants during the Last 90 Days

SAN JOSE, Calif.--(BUSINESS WIRE)--Summit Wireless Technologies, Inc. (NASDAQ: WISA), a leading provider of immersive, wireless sound technology for intelligent devices and next-generation home entertainment systems and founding member of the WiSA Association, provided preliminary revenue for the fourth quarter ended December 31, 2020 and revenue guidance for the first quarter ending March 31, 2021. “The record preliminary revenues of over $1.0 million for the fourth quarter of 2020 is testamen

Summit Wireless Technologies Reports Record Preliminary Revenue of $1.0 Million in the Q4 2020; Growth of 130+% YoY

New York, New York--(Newsfile Corp. - January 11, 2021) - Summit Wireless Technologies, Inc. (NASDAQ: WISA), a leading provider of immersive wireless sound technology, was recently the focus of coverage by leading financial news website and publisher, SmallCapsDaily. Summit Wireless partners with some of the world's foremost electronic brands and original equipment manufacturers (OEMs) such as Samsung, LG Electronics, and Bang & Olufsen. SmallCapsDaily explored the details of Summit Wireless' compelling story with an...

SmallCapsDaily: Summit Wireless Technologies Leads as an Innovator in the Wireless Sound Technology and Consumer Electronics Markets

PORTLAND, Ore.--(BUSINESS WIRE)---- $WISA--Summit Wireless Technologies Launches the First Low-cost IoT Module to Support Wireless Multichannel Audio

Summit Wireless Technologies Launches the First Low-cost IoT Module to Support Wireless Multichannel Audio

Summit Wireless Technologies, Inc. (WISA) CEO Brett Moyer on Q3 2020 Results - Earnings Call Transcript

Summit Wireless Technologies is the developer behind the revolutionary wireless audio standard named WiSA, which enables an ultra high-fidelity, low-latency home theater without any speaker wires.

Summit Wireless Technologies: This Beaten-Down Leader Of The Wireless Speaker Revolution Is Ready To Sing

SAN JOSE, Calif.--(BUSINESS WIRE)--Summit Wireless Technologies, Inc.

Summit Wireless Technologies to Participate at H.C. Wainwright 22nd Annual Global Investment Conference

Summit Wireless Technologies to Participate at the LD Micro 500 Virtual Conference

Summit Wireless Technologies, Inc. (WISA) CEO Brett Moyer on Q2 2020 Results - Earnings Call Transcript

Summit Wireless Technologies Provides Second Quarter 2020 Update

SAN JOSE, Calif.--(BUSINESS WIRE)--WiSA® LLC, the Wireless Speaker and Audio Association, comprised of over 60 leading consumer electronics brands and founded by Summit Wireless Technologies (NASDAQ: WISA), today announced SKYWORTH Group Limited (HKG: 00751) as its newest member.

SKYWORTH Continues to Lead the TV Industry by Joining the WiSA Association

SAN JOSE, Calif.--(BUSINESS WIRE)--Summit Wireless Technologies, Inc. (Nasdaq: WISA), a leading provider of immersive, wireless sound technology for intelligent devices and next-generation home entertainment systems, announced it has appointed Sri Peruvemba to the board of directors effective June 22, 2020, replacing Sam Runco, who will retire from the board after 10 years of service. The board count will remain at eight. Brett Moyer, Chief Executive Officer, President and Chairman, stated, “As

Summit Wireless Technologies Appoints Sri Peruvemba, Global Marketing Expert, to the Board of Directors

Summit Wireless Technologies, Inc. (WISA) CEO Brett Moyer on Q1 2020 Results - Earnings Call Transcript

Summit Wireless Technologies, Inc. (WISA) CEO Brett Moyer on Q4 2019 Results - Earnings Call Transcript

Summit Wireless Technologies (WISA) CEO Brett Moyer on Q3 2019 Results - Earnings Call Transcript

Summit Wireless: A Speculative But Potentially Lucrative Nanocap

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)