Ideal Power Q2 EPS $(0.37) Beats $(0.42) Estimate, Sales $135.17K Up From $50.98K YoY
Portfolio Pulse from Benzinga Newsdesk
Ideal Power (NASDAQ:IPWR) reported Q2 losses of $(0.37) per share, beating the analyst consensus estimate of $(0.42) by 11.9%. This is a 37.04% decrease over losses from the same period last year. The company's sales this quarter were $135.17K, a 165.15% increase YoY.
August 10, 2023 | 1:21 pm
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Ideal Power reported better than expected Q2 losses and a significant increase in sales YoY.
Ideal Power's better than expected Q2 results and significant increase in sales YoY could lead to a positive short term impact on its stock price.
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