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

Ipower

14/02/2023 22:57

* iPower Inc  IPW.OQ  reported a quarterly adjusted loss
of 11
cents​​ per share for the quarter ended in December. The mean
expectation of two analysts for the quarter was for a loss of 2
cents per share.
    * Revenue rose 12.4% to $19.26 million from a year ago;
analysts
expected $23.70 million. 
    * iPower Inc's reported EPS for the quarter was a loss of 11
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. 
    * iPower Inc shares had risen by 113.8% this quarter.
    * The company reported a quarterly loss of $3.29 million.
    * Wall Street's median 12-month price target for iPower Inc
is
$2.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
14 at 10:57 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.02          -0.11          Missed
 Sep. 30 2022      0.00           -0.04          Missed
 Jun. 30 2022      0.04           -0.05          Missed
 Mar. 31 2022      0.04           0.04           Met