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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.
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