Summit Wireless Technologies Reports Record Fourth Quarter 2020 Revenue and Gross Margin – Consumer Electronics Net
1 month ago Q4 2020 Revenue Increased 141% Year-over-Year to a Record $1.0 Million; Operational Execution Drives Gross Margin Improvement to 24% from 17% in Q3 2020 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 quarte...