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

Ipower

27/09/2022 22:01

* iPower Inc  IPW.OQ  reported a quarterly adjusted loss
of 5
cents​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for earnings of
4 cents per share.
    * Revenue rose 50.2% to $22.12 million from a year ago;
analysts
expected $21.00 million. 
    * iPower Inc's reported EPS for the quarter was a loss of 5
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 fallen by 15.7% this quarter and
lost 61.4% so far this year.
    * The company reported a quarterly loss of $1.35 million.
    * Wall Street's median 12-month price target for iPower Inc
is
$4.50 
    * 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 September
27 at 09:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.04           -0.05          Missed
 Mar. 31 2022      0.04           0.04           Met
 Dec. 31 2021      0.03           0.03           Met
 Sep. 30 2021      0.04           0.03           Missed