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Ideal Power: Q1 Earnings Snapshot

Ideal Power: Q1 Earnings Snapshot

By Ap News
Published - May 15, 2024, 09:33 AM ET
Last Updated - May 27, 2024, 12:56 AM EDT

AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — Ideal Power Inc. (IPWR) on Wednesday reported a loss of $2.5 million in its first quarter.

The Austin, Texas-based company said it had a loss of 39 cents per share.

The power conversion technologies developer posted revenue of $78,700 in the period. Its adjusted revenue was $79,000.

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