Energous Stock Soars 16.22% on Record Revenue, Debt Retirement

Generado por agente de IAAinvest Pre-Market Radar
viernes, 11 de julio de 2025, 4:25 am ET1 min de lectura
WATT--

Energous's stock surged 16.22% in pre-market trading on July 11, 2025, marking a significant rise that has caught the attention of investors and analysts alike.

Energous Corporation recently reported preliminary record quarterly revenue, achieving the lowest net loss in a decade. This financial performance is a testament to the company's strategic initiatives and operational efficiencies. The company also announced the retirement of high-interest debt, further strengthening its financial position.

The positive financial results and strategic moves by EnergousWATT-- have generated optimism among investors. The company's ability to reduce its net loss by nearly 11% from the prior quarter and by 30% year-over-year highlights its progress towards profitability. These developments are likely to continue driving investor interest and potentially influence future stock performance.

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