Wisa Tech Stock Price, News & Analysis

WiSA LLC has launched the new WiSA Certified™ Retailer Program, enhancing its brand presence by partnering with major retailers like Amazon, Electronics Express, and Walts TV. This initiative aims to boost sales of WiSA Certified products, providing dedicated marketing support and improved visibility. WiSA targets 2 million website visitors by the end of 2021, responding to increasing consumer demand for high-quality wireless home cinema systems. Retailers must meet specific criteria, including sales of WiSA products and a robust online presence, to become certified.

Summit Wireless Technologies, Inc. (NASDAQ: WISA), a leader in immersive wireless sound technology, will present at the Rocky Mountain Microcap Conference VIII on Wednesday, November 3, 2021, at 1:12 PM PT at TopGolf in Centennial, Colorado. President and CEO Brett Moyer will lead the presentation. Participants can access the session live or later through virtual registration at rockymountain21.mysequire.com. Additional materials will be available on the company's Investor Relations website.

Summit Wireless Technologies (NASDAQ: WISA), a leading provider of wireless sound technology, is set to hold a conference call on November 10, 2021, at 8:00 a.m. PT to discuss its third quarter results. The call can be accessed by dialing 877-423-9813 or 201-689-8573, using code 13724586. Shareholders can listen live through the company’s investor relations website. Summit Wireless collaborates with top brands like Harman International, LG Electronics, and Xbox to enhance audio experiences across various multimedia platforms.

Summit Wireless Technologies (NASDAQ: WISA) reported a preliminary Q3 2021 revenue of approximately $1.8 million, marking a 200% increase from $607,000 in Q3 2020. The company reaffirms its full-year revenue guidance, projecting over 180% annual growth. CEO Brett Moyer noted increasing consumer engagement and new marketing initiatives that are expected to drive holiday sales. The WiSA Association website experienced over 1.2 million visitors in the first nine months of the year, indicating strong market interest.

WiSA LLC announced a significant surge in website traffic, anticipating over 800,000 holiday visitors. This growth, driven by the WiSA Wave Marketing Program, has resulted in a 550% year-over-year increase in consumer exposure, rising from 176,000 to approximately 1.2 million in 2021. WiSA collaborates with over 40 retailers, including Amazon and B&H Photo-Video, to market WiSA Certified products and enhance consumer awareness in the wireless home cinema market.

Summit Wireless Technologies (NASDAQ: WISA) announced that Hisense has launched new WiSA Ready™ laser TV projectors in the U.S. The L9G models, measuring 100” and 120”, support a 5.1.2 audio channel and feature the TriChroma laser light engine with 3,000 lumens for superior brightness and color accuracy. These projectors allow quick wireless connectivity to any WiSA Certified™ speaker system, enhancing home entertainment experiences.

Summit Wireless Technologies, Inc. (NASDAQ: WISA) will participate in the LD Micro Main Event on October 12 at 2:00 PM PT in Los Angeles. CEO Brett Moyer will present, with management also hosting individual meetings. Summit Wireless is known for its innovative wireless sound technology for intelligent devices and home entertainment, collaborating with major brands like Harman, LG, and Klipsch. A copy of the presentation will be available on their Investor Relations website.

Summit Wireless Technologies (NASDAQ: WISA) announced the launch of the Harman Kardon Radiance 2400 wireless audio system, utilizing HARMAN’s Constant Beamwidth Technology™ and integrated WiSA technology. Available in select European countries, this system includes ultra-slim floor-standing speakers, a subwoofer, and a digital hub, promising immersive wireless audio. The Radiance 2400 offers user-friendly features, including a multifunctional LCD touch screen and Bluetooth remote control. This innovation positions WiSA as a leader in the wireless home cinema market.

Summit Wireless Technologies, Inc. (NASDAQ: WISA) announced the hiring of three industry veterans—Eric Almgren, Steve Venuti, and Roger Isaac—to enhance the adoption of the WiSA standard and stimulate revenue growth. With over 80 years of collective experience in launching major technologies like HDMI, this strategic team aims to expand market applications for Summit's high-definition wireless audio technology. CEO Brett Moyer highlighted their proven records in standard commercialization as vital for advancing WiSA's position in the audio industry.