Shares of Summit Wireless Technologies, Inc. (WISA) are up more than 16% Wednesday morning after the company announced tri-fold increase in its first-quarter revenue.
The company reported that revenue in the first quarter increased 181% to $1.2 million, from $0.4 million a year ago.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.