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Energous Stock Soars 16.22% on Record Revenue, Debt Retirement
Generated by AI AgentAinvest Pre-Market Radar
Friday, Jul 11, 2025 4:25 am ET1min read
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
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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