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

Ideal Power

16/05/2022 22:02

* Ideal Power Inc  IPWR.OQ  reported a quarterly adjusted
loss
of 31 cents​​ per share for the quarter ended in March. The lone
analyst forecast for the quarter was for a loss of 25 cents per
share.
    * Revenue fell 48.3% to $125.01 thousand from a year ago; 
analysts expected $200.00 thousand. 
    * Ideal Power Inc's reported EPS for the quarter was a loss
of 31
cents​.
    * The mean earnings estimate of analysts had fallen by
about 13.6%
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 1.8% this quarter and
lost 25.7% so far this year.
    * The company reported a quarterly loss of $1.9 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 May 16 at 09:02 p.m.  ​All
figures in US dollars unless otherwise stated