Summit Wireless Technologies, Inc.

Summit Wireless Technologies, Inc.

develops wireless audio integrated circuits for home entertainment and professional audio markets in the United States, Europe, and the Asia Pacific. It offers TX modules for integration into televisions, audio-visual receivers, media hubs, and USB or HDMI dongles; and speaker systems. The company sells its products directly to original equipment manufacturers. The company was formerly known as Summit Semiconductor, Inc. and changed its name to Summit Wireless Technologies, Inc. in September 2018. Summit Semiconductor, Inc. was founded in 2010 and is headquartered in San Jose, California.

Summit Wireless Technologies Gains Momentum and Provides Third Quarter 2020 Update



- 45% Revenue Growth Posted for Q3 2020 Year-over-Year -

- More than 100% Revenue Growth Expected for Q4 2020 Year-over-Year -

- SoundSend Wireless Transmitter to Expand TAM by 800 Million Smart TVs -



Summit Wireless Technologies, Inc. (NASDAQ: WISA), a leading provider of immersive, wireless sound technology for intelligent devices and next-generation home entertainment systems and founding member of the WiSA Association, provided an update for the third quarter ended September 30, 2020.



This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/2...005298/en/

"All of WiSA’s performance metrics – membership, shipments, and website visitors - are gaining momentum. As leading indicators of Summit Wireless revenue, they give us confidence in our continued revenue growth in Q4 2020 especially as we enter the promising holiday season. Looking forward into 2021, we believe these trends will accelerate," said Brett Moyer, CEO of Summit Wireless.



Business Highlights Driving Revenue Growth Momentum

• Added 7 new WiSA members representing 11 brands since July 1st, including two tier one TV Brands SKYWORTH and Hisense.
  
• Reached 9 WiSA display (TV/projector) members:
  • Reaffirming guidance of 5 to 7 TV brands expected to be engaged with WiSA in 2021.
    
• Expanded consumer awareness with increased visitation to wisaassociation.org:
  • 99,000 visitors in Q3, up 112% from Q2 2020
    
  • 150,000 to 175,000 visitors expected in Q4 2020
    
• Unveiled SoundSend™, WiSA’s first branded product, a HDMI wireless transmitter that connects smart TVs to WiSA Certified speakers and extends the WiSA total available market by 800 million smart TVs. SoundSend enables smart surround sound systems to compete with the mid-tier and premium soundbars....................
  

https://finance.yahoo.com/news/summit-wi...oEa0JrhESK

vorbörslich +38%/+0,81$  auf 2,94$


https://www.marketwatch.com/investing/st...ote_switch

Der Langfrist-chart wäre was für Vahana...

5 Investoren setzen stark auf die Aktie von WiSA Technologies (WISA).

Mal sehen, wer vom heutigen massiven Schritt in WISA profitiert

vor 13h · Von Chris MacDonald , InvestorPlace-Mitarbeiter

#Die Aktie von WiSA Technologies ( WISA ) steigt aufgrund eines großen Lizenzvertrags für seine Kernsoftware stark an.

#Die proprietäre WiSA E-Software des Unternehmens wird bei einer großen HDTV/PTV-Marke mit „Mehrmilliarden-Dollar-Umsatz“ eingesetzt.

#Hier sind die Anleger, die heute von der beeindruckenden Entwicklung dieser wenig bekannten Aktie profitieren.

https://investorplace.com/2024/04/5-inve...isa-stock/