Recap: Ideal Power Q1 Earnings

Ideal Power IPWR reported its Q1 earnings results on Thursday, May 4, 2023 at 04:01 PM.

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

Earnings

Ideal Power missed estimated earnings by 17.14%, reporting an EPS of $-0.41 versus an estimate of $-0.35.

Revenue was up $538 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02 which was followed by a 0.09% increase in the share price the next day.

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.