Ideal Power Inc reports results for the quarter ended in December - Earnings Summary

Ideal Power

17/03/2022 21:50

* Ideal Power Inc  IPWR.OQ  reported a quarterly adjusted
loss
of 23 cents​​ per share for the quarter ended in December. The
lone analyst forecast for the quarter was for a loss of 21 cents
per share.
    * Revenue fell 52.9% to $129.00 thousand from a year ago; 
analysts expected $200.00 thousand. 
    * Ideal Power Inc's reported EPS for the quarter was a loss
of 23
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Ideal Power Inc shares had fallen by 30.2% this quarter.
    * The company reported a quarterly loss of $1.42 million.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated March 17 at 09:49 p.m.  ​All
figures in US dollars unless otherwise stated