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

Ipower

14/11/2022 22:57

* iPower Inc  IPW.OQ  reported a quarterly adjusted loss
of 4
cents​​ per share for the quarter ended in September. The mean
expectation of two analysts for the quarter was for breakeven
results per share.
    * Revenue rose 49.9% to $26.02 million from a year ago;
analysts
expected $22.90 million. 
    * iPower Inc's reported EPS for the quarter was a loss of 14
cents​.
    * The mean earnings estimate of analysts had fallen by
about 114.3% 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 16.5% this quarter and
lost 76.5% so far this year.
    * The company reported a quarterly loss of $4.18 million.
    * Wall Street's median 12-month price target for iPower Inc
is
$3.00 
    * 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 November
14 at 10:57 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      0.03           0.03           Met