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

Ideal Power

11/11/2021 05:40

* Ideal Power Inc  IPWR.OQ  reported a quarterly adjusted loss
of 20 cents​​ per share for the quarter ended in September. The
lone analyst forecast for the quarter was for a loss of 24 cents
per share.
* Revenue fell 18.2% to $121.03 thousand from a year ago; 
analysts expected $200.00 thousand. 
* Ideal Power Inc's reported EPS for the quarter was a loss
of 20 cents​.
* The mean earnings estimate of analysts had fallen by
about 118.2% 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 9.3% this quarter and
gained 68.9% so far this year.
* The company reported a quarterly loss of $1.24 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 November 11 at 05:40 a.m.
 ​All figures in US dollars unless otherwise stated