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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Earnings data Q1 2022

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Earnings data Q1 2024

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Earnings data Q3 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.

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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)--Summit Wireless Technologies, Inc. (Nasdaq: WISA) (“Summit Wireless Technologies” or the “Company”), a leading provider of immersive, wireless sound technology for intelligent devices and next-generation home entertainment systems, today announced that it has entered into a securities purchase agreement with several institutional investors for the issuance and sale of 2,500,000 shares of its common stock at a price of $4.00 per share, for aggregate gross proce

Summit Wireless Technologies Announces Pricing of $10.0 Million Registered Direct Offering Priced At-The-Market

Summit Wireless Technologies (WISA) stock is soaring higher on Thursday thanks to news of it launching an Amazon (AMZN) Storefront. The post WISA Stock: The Amazon News Sending Summit Wireless Technologies Shares Soaring appeared first on InvestorPlace.

WISA Stock: The Amazon News Sending Summit Wireless Technologies Shares Soaring

The stock price of Summit Wireless Technologies Inc (NASDAQ: WISA) increased by over 20% pre-market. This is why it happened.

WISA Stock Increases Over 20% Pre-Market: Why It Happened

SAN JOSE, Calif.--(BUSINESS WIRE)--WiSA launches branded Amazon Storefront, enabling all WiSA Certified™ products being sold on the Amazon platform to be purchased easily from one page.

WiSA's Wave Campaign Continues to Build WiSA Certified Category with New Store on Amazon Featuring WiSA Products and Retailer Bundles Available Across Amazon's Vast Platform

SAN JOSE, Calif.--(BUSINESS WIRE)--WiSA® LLC, founded by Summit Wireless Technologies (NASDAQ: WISA), today announced the launch of its WiSA SoundSend Certified program, a new certification initiative developed by the Association to work with TV manufacturers to ensure flawless and simple connection and interoperability with the WiSA SoundSend wireless audio transmitter, and Toshiba TV “REGZA” as the first TV brand to deliver solutions with the new certification.

WiSA Introduces WiSA SoundSend Certified Program and Toshiba TV "REGZA" as the First Certified Product Family

SAN JOSE, Calif.--(BUSINESS WIRE)--New certification program works with TV manufacturers to ensure perfect integration with the award-winning WiSA SoundSend wireless audio transmitter.

WiSA Introduces WiSA SoundSend Certified Program and Toshiba TV “REGZA” as the First Certified Product Family

SAN JOSE, Calif.--(BUSINESS WIRE)--Massive increase in web traffic and continued repeat visitors show growing interest in wireless home cinema category driven by WiSA and its members.

WiSA Increases 2021 Web Visitor Forecast 100% to 2 Million from 1 Million, Reflecting Significant Q2 Traffic and Continued Category Momentum Fueled by the Wave Marketing Program

SAN JOSE, Calif.--(BUSINESS WIRE)--Set up and control of the award-winning WiSA SoundSend wireless audio transmitter can now be performed on screen with a TV remote for Android TVs

New WiSA SoundSend Application for Android TVs Powers Leading TV Brands Including Sony, Toshiba, Sharp, Hisense, Insignia and More

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, is set to join Russell Microcap® Index when Russell reconstitutes its comprehensive set of U.S. and global equity indexes on June 25. Membership in the Russell Microcap® Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style

Summit Wireless Technologies Set to Join Russell Microcap® Index

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

Summit Wireless Technologies to Participate in Upcoming Conferences

Summit Wireless Technologies ( WISA , Financial) witnessed a strong stock price runup after delivering a fantastic result and triple-digit revenue growth in the most recent quarter.

Summit Wireless Technologies: A Blowout Quarter

Summit Wireless Technologies' (WISA) CEO Brett Moyer on Q1 2021 Results - Earnings Call Transcript

The stock price of Summit Wireless Technologies Inc (NASDAQ: WISA) increased by over 30% during intraday trading. This is why it happened.

WISA Stock: Over 30% Increase Intraday Explanation

SAN JOSE, Calif.--(BUSINESS WIRE)--Summit Wireless Technologies Posts 181% Q1 2021 Revenue Increase and Guides for 250+% Q2 2021 Revenue Increase, Year-over-Year Respectively

Summit Wireless Technologies Posts 181% Q1 2021 Revenue Increase and Guides for 250+% Q2 2021 Revenue Increase, Year-over-Year Respectively

SAN JOSE, Calif.--(BUSINESS WIRE)--SOUND SPHERE is Onkyo's first WiSA Certified™ audio system, delivering wireless, cinema-quality sound to the Japanese market

WiSA Certified Onkyo SOUND SPHERE Audio System Launches in Japan

SAN JOSE, Calif.--(BUSINESS WIRE)--Summit Wireless Technologies Appoints Wendy Wilson, Digital Marketing Executive, to the Board of Directors

Summit Wireless Technologies Appoints Wendy Wilson, Digital Marketing Executive, to the Board of Directors

SAN JOSE, Calif.--(BUSINESS WIRE)--Bang & Olufsen brings Beolab 28 to the consumer electronics market as their support and integration of WiSA technology grows.

Bang & Olufsen's New Beolab 28 Loudspeakers Obtain WiSA Certification

SAN JOSE, Calif.--(BUSINESS WIRE)---- $WISA #earnings--Summit Wireless Technologies to Host First Quarter Update Conference Call on May 12th

Summit Wireless Technologies to Host First Quarter Update Conference Call on May 12th

SAN JOSE, Calif.--(BUSINESS WIRE)--WiSA Wave Marketing Program Continues to Drive and Grow Consumer Traffic to WiSA and Member Websites

WiSA Wave Marketing Program Continues to Drive and Grow Consumer Traffic to WiSA and Member Websites

SAN JOSE, Calif.--(BUSINESS WIRE)--Foxconn will demo its 120-inch 8K TV connected to the WiSA SoundSend and Platin Monaco 5.1 speaker system at this week's industry event in Shanghai.

WiSA Member Foxconn Demos Sharp 120-Inch 8K TV with WiSA SoundSend and Wireless Audio Speaker System at Appliance & Electronics World Expo

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.

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