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 Q4 2020

Earnings data Q1 2021

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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.

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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)--WiSA has announced that Hisense's 2022 U7H and U8H Series TVs have earned WiSA SoundSend Certification.

Hisense's U7H and U8H Series TVs Receive WiSA SoundSend Certification

BEAVERTON, Ore.--(BUSINESS WIRE)--WiSA Technologies to Report Second Quarter 2022 Results and Host Conference Call on August 15th

WiSA Technologies to Report Second Quarter 2022 Results and Host Conference Call on August 15th

BEAVERTON, Ore.--(BUSINESS WIRE)--WiSA Technologies' New 2.4 GHz Multichannel DS Audio Soundbar Module Outperforms Leading 5 GHz Modules in Independent Testing

WiSA Technologies' New 2.4 GHz Multichannel DS Audio Soundbar Module Outperforms Leading 5 GHz Modules in Independent Testing

SAN JOSE, Calif.--(BUSINESS WIRE)--Dynaudio launches WiSA HT Interoperable Certified Focus series, including Focus 10, Focus 30 and Focus 50.

Dynaudio's New Focus Series, a Complete Wireless Sound System, Earns WiSA HT Interoperability Certification

BEAVERTON, Ore.--(BUSINESS WIRE)--WiSA Technologies to Participate in Upcoming Investor Conferences

WiSA Technologies to Participate in Upcoming Investor Conferences

WiSA Technologies, Inc. (NASDAQ:WISA ) Q1 2022 Earnings Conference Call May 11, 2022 11:00 AM ET Company Participants David Barnard - LHA, IR Brett Moyer - Chairman, President & CEO George Oliva - CFO Conference Call Participants Jack Vander Aarde - Maxim Group Kevin Dede - H.C. Wainwright Ed Woo - Ascendiant Capital Operator …all participants are in a listen-only mode.

WiSA Technologies, Inc. (WISA) CEO Brett Moyer on Q1 2022 Results - Earnings Call Transcript

WiSA Technologies Inc. (WISA) delivered earnings and revenue surprises of -30% and 62.27%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

WiSA Technologies Inc. (WISA) Reports Q1 Loss, Lags Revenue Estimates

WiSA Technologies, Inc (NASDAQ: WISA) reported a first-quarter FY22 revenue decline of 50% year-on-year to $0.6 million, missing the consensus of $1.38 million. The gross margin contracted 1,500 bps Y/Y to 11%, impacted by lower sales volumes.

WiSA Shares Drop On 50% Revenue Decline In Q1; Margin Shrinks

BEAVERTON, Ore.--(BUSINESS WIRE)--WiSA Technologies, Inc. (Nasdaq: WISA) (“WiSA Technologies” or “Company”) reported its first quarter 2022 financial results. In its conference call and presentation later today, management will be discussing the Company's design cycle and the expanding number of applications and end markets for its technology coming to market in 2022 and 2023. “As we communicated in our Q4 2021 announcement, Q1 2022 revenue declined from Q4 2021 as supply chain issues worked th

WiSA Technologies Reports Q1 2022 Results

SAN JOSE, Calif.--(BUSINESS WIRE)--WiSA® LLC, a subsidiary of WiSA Technologies, Inc. (NASDAQ: WISA), announced today its WiSA SoundSend wireless audio transmitter was named a 2022 Top New Technology (TNT) award winner in the Wireless A/V Solutions category. The awards, presented by CE Pro and Commercial Integrator, recognize the best of the best in the technology sector at the Integrated Systems Europe (ISE) show each year. “WiSA Technologies is committed to bringing innovation into the home e

WiSA SoundSend Named Top New Technology (TNT) Award Winner

SAN JOSE, Calif.--(BUSINESS WIRE)--The Opal speaker system is Wharfedale's first WiSA HT-certified interoperable system, delivering cinema-quality sound to the Chinese market.

Wharfedale Launches its WiSA HT Certified Opal Wireless Home Theater Speaker System for Sale in China

BEAVERTON, Ore.--(BUSINESS WIRE)--WiSA Technologies to Report First Quarter 2022 Results and Host Conference Call on May 11th

WiSA Technologies to Report First Quarter 2022 Results and Host Conference Call on May 11th

BEAVERTON, Ore.--(BUSINESS WIRE)---- $WISA #WISA--WiSA Technologies to Participate in the 2022 Maxim Virtual Growth Conference March 28th – 30th from 9 am – 5 pm EDT

WiSA Technologies to Participate in the 2022 Maxim Virtual Growth Conference

Summit Wireless Technologies, Inc. (WISA) CEO Brett Moyer on Q4 2021 Results - Earnings Call Transcript

BEAVERTON, Ore.--(BUSINESS WIRE)--Summit Wireless Technologies Reports Q4 and Full Year 2021 Results and Announces Name Change to WiSA Technologies Inc.

Summit Wireless Technologies Reports Q4 and Full Year 2021 Results and Announces Name Change to WiSA Technologies, Inc.

SAN JOSE, Calif.--(BUSINESS WIRE)---- $WISA #WISA--Summit Wireless Technologies to Host Fourth Quarter and Year-End Update Conference Call on March 11th

Summit Wireless Technologies to Host Fourth Quarter and Year-End Update Conference Call on March 11th

SAN JOSE, Calif.--(BUSINESS WIRE)---- $WISA #SummitWirelessTechnologies--WiSA, LLC, a wholly-owned subsidiary of Summit Wireless Technologies, Inc. (Nasdaq: WISA), a leading provider of immersive, wireless sound technology for smart devices, will integrate WiSA's multichannel spatial audio capabilities into Realtek's 5GHz IoT chip feature set. The partnership will culminate in a cost-effective IoT module capable of delivering uncompressed, high-definition spatial audio streams for an unparalled immersive audio experience. President

WiSA Partners with Realtek to Develop and Launch a 5GHz Multichannel Immersive Audio Module

SAN JOSE, Calif.--(BUSINESS WIRE)---- $WISA--Summit Wireless Technologies (NASDAQ: WISA), reported that preliminary revenue for the fourth quarter ended December 31, 2021 is expected to be approximately $2.0 million, bringing the full year 2021 preliminary revenue to $6.5 million. “Summit's spatial audio technology and the WiSA Wave program are driving our growth, as Q4 delivered our sixth consecutive quarter of revenue increases and our first quarter of $2.0 million in revenue,” said Brett Moyer, CEO, P

Summit Wireless Technologies Reports Preliminary 2021 Revenue, Up Over 170% Year-over-Year

SAN JOSE, Calif.--(BUSINESS WIRE)--WiSA® LLC, founded by Summit Wireless Technologies (NASDAQ: WISA), today announced its new website URL, www.wisatechnologies.com, which will serve as the primary site to promote WiSA products and expand category marketing initiatives. The new URL comes after a year of unprecedented web traffic growth and in preparation for the launch of new technologies and partnerships. The WiSA Wave program has continued to drive significant consumer education with nearly 1

WiSA Wave Drives Nearly 1 Million Consumers in Q4 to WiSA's Websites for Holiday Shopping, Association Anticipates 3-5 Million Consumers to Visit in 2022

SAN JOSE, Calif.--(BUSINESS WIRE)--WiSA® LLC, founded by Summit Wireless Technologies (NASDAQ: WISA), today announced that the WiSA SoundSend wireless audio transmitter was named a 2022 Mark of Excellence award winner and identified as the Audio Component Product of the Year by the Smart Home Division of the Consumer Technology Association® (CTA). The WiSA SoundSend, which has won numerous awards since its launch, was chosen by a panel of industry expert judges to receive the coveted recognitio

WiSA SoundSend Receives 2022 Smart Home Division Mark of Excellence Award, Presented by the Consumer Technology Association

SAN JOSE, Calif.--(BUSINESS WIRE)---- $wisa--Summit Wireless Technologies, Inc. (NASDAQ: WISA), the leading developer of immersive spatial wireless sound technology, has partnered with Espressif Systems to develop the new 2.4GHz wireless audio module capable of delivering the reliability and quality commonly associated with more expensive 5GHz solutions. Based on Espressif's popular and industry-proven Wrover module platform, Summit's transceiver module is production-ready and will be demonstrated at CES

Summit Wireless New Low-Cost Module for Spatial Audio Available Now!

SAN JOSE, Calif.--(BUSINESS WIRE)---- $WISA--Summit Wireless Technologies, Inc. (Nasdaq: WISA), a leading provider of immersive, wireless sound technology for intelligent devices and next-generation entertainment systems, appointed David M. Howitt, consumer brand expert and CEO & Founder of the Meriwether Group, LLC, to its board of directors. This appointment increases the board membership count to eight. “With over twenty years of experience providing brand, marketing, and strategic counseling to d

Summit Wireless Technologies Appoints Consumer Brands Marketing Expert David M. Howitt to the Board

SAN JOSE, Calif.--(BUSINESS WIRE)--WiSA's newest Association member PIEGA launches WiSA Certified™ Ace Wireless series, an all-in-one speaker solution for premium sound quality

PIEGA's New Ace Wireless Series Receives WiSA Interoperability Certification

Summit Wireless Technologies, Inc. (WISA) CEO Brett Moyer on Q3 2021 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 third quarter ended September 30, 2021. “This holiday season, our team is aggressively working to drive sales of the WiSA category of products with consumers and national retailers,” said Brett Moyer, CEO, President, and Chairman of Summit Wireless Techno

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