EQS-News: WiSA Technologies
Hear What Analysts At CNN Business Are Saying About Sound Tech Developer WiSA
22.09.2022 / 14:56 CET/CEST
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The second quarter of 2022 may have been good for WiSA Technologies Inc. (NASDAQ: WISA). Revenue for the developer of spatial, wireless sound technology for smart devices and next-generation home entertainment systems increased by 67% from the first quarter of 2021.
The company also reported revenue growth from $600,000 in the first quarter of this year to $900,000 in the second quarter, and the company expects this growth to continue even into the first quarter of next year, according to CEO Brett Moyer.
As anticipated, Q2 2022 revenue rebounded 67% from Q1 2022, and we expect an additional sequential revenue boost in Q3 2022, Moyer said. While it is difficult to predict…
