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

Ideal Power

12/08/2021 22:35

* Ideal Power Inc  IPWR.OQ  reported a quarterly adjusted loss
of 21 cents​​ per share for the quarter ended in June. The lone
analyst forecast for the quarter was for a loss of 11 cents per
share.
* Revenue rose 1,114.3% to $85.00 thousand from a year ago; 
analysts expected $180.00 thousand. 
* Ideal Power Inc's reported EPS for the quarter was a loss
of 19 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 risen by 35.2% this quarter and
gained 110.4% so far this year.
* The company reported a quarterly loss of $1.19 million.
* Wall Street's median 12-month price target for Ideal Power Inc
is $28.00 
* 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 August 12 at 09:35 p.m.  ​All
figures in US dollars unless otherwise stated