iPower Q4 2024 Adj. EPS $0.03 Beats $0.01 Estimate, Sales $19.5M Miss $21.300M Estimate
Portfolio Pulse from Benzinga Newsdesk
iPower (NASDAQ:IPW) reported Q4 2024 earnings per share of $0.03, surpassing the analyst estimate of $0.01. However, sales were $19.5M, missing the $21.3M estimate and down 16.66% from last year.
September 19, 2024 | 8:11 pm
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iPower's Q4 2024 earnings per share exceeded expectations, but sales fell short and decreased year-over-year, indicating mixed financial performance.
The positive EPS surprise suggests operational efficiency or cost control, which is favorable. However, the sales miss and YoY decline indicate potential demand issues or market challenges, balancing the short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100