Summit Wireless Technologies, Inc. provided revenue guidance for the fourth quarter and full year ended December 31, 2021. For the year, the company expects revenue is to be approximately $2.0 million, bringing the full year 2021 preliminary revenue to $6.5 million.

For the quarter, the company reported preliminary revenue is expected to be approximately $2,000,000, up over 90% compared to $1,038,000 in Fourth Quarter 2020, the quarter in which the Wave was introduced and first started to fuel revenue growth.