Ideal Power (IPWR) Set to Announce Quarterly Earnings on Thursday
Ideal Power (NASDAQ:IPWR) will announce its earnings results before the market opens on Thursday, November 15th. Analysts expect the company to announce earnings of ($0.14) per share for the quarter.
Ideal Power (NASDAQ:IPWR) last posted its quarterly earnings data on Monday, August 13th. The industrial products company reported ($0.12) earnings per share for the quarter, beating the consensus estimate of ($0.16) by $0.04. The company had revenue of $0.62 million during the quarter, compared to analysts’ expectations of $0.77 million. Ideal Power had a negative return on equity of 72.98% and a negative net margin of 527.25%. On average, analysts expect Ideal Power to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Shares of NASDAQ IPWR opened at $0.53 on Wednesday. The firm has a market capitalization of $7.70 million, a P/E ratio of -0.68 and a beta of 1.03. Ideal Power has a one year low of $0.50 and a one year high of $2.85.
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About Ideal Power
Ideal Power Inc develops power conversion solutions with a focus on solar and storage, microgrid, and stand-alone energy storage applications. It operates through two Divisions, Power Conversion Systems and B-TRAN. The Power Conversion Systems Division focuses on its Power Packet Switching Architecture technology.
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