Recap: Ideal Power Q2 Earnings

[ad_1]

 

Ideal Power IPWR reported its Q2 earnings results on Monday, August 15, 2022 at 04:05 PM.

Here’s what investors need to know about the announcement.

Earnings

Ideal Power beat estimated earnings by 6.9%, reporting an EPS of $-0.27 versus an estimate of $-0.29.

Revenue was down $33 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.06 which was followed by a 15.08% increase in the share price the next day.

Here’s a look at Ideal Power’s past performance:

 








Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.25 -0.21 -0.24 -0.11
EPS Actual -0.31 -0.23 -0.20 -0.21
Revenue Estimate 200K 200K 200K 180K
Revenue Actual 125K 128K 121K 84K

To track all earnings releases for Ideal Power visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

[ad_2]

Image and article originally from www.benzinga.com. Read the original article here.