Energous Corporation (WATT) shares are trading at $6.26, up 13.46% or $0.73, after the company released preliminary financial results for the fiscal year 2025, showing record annual revenue.
The preliminary figures indicate approximately $5.6 million in total revenue, representing a more than 630 percent increase year-over-year, and about $3.0 million in fourth-quarter revenue, a strong sequential gain.
The preliminary results also showed a reduction in net loss by over 45% compared with the prior year, and the company raised approximately $23.9 million in equity capital, bolstering its balance sheet to support continued product development and commercial progress.
On the day of the announcement, WATT opened near $5.80, moved to an intraday high above $6.30, and saw a low around $5.75, compared with a previous close near $5.53. The stock trades on the NasdaqGS.
Trading volume was elevated above recent averages, reflecting heightened investor interest following the preliminary financial update.
WATT's 52-week range is approximately $2.10 to $6.45, highlighting notable volatility tied to company milestones and market sentiment.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.