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iPower (NASDAQ:IPW) reported its Q2 earnings results on Wednesday, February 14, 2024 at 04:05 PM.
Here's what investors need to know about the announcement.
iPower missed estimated earnings by 20.0%, reporting an EPS of $-0.06 versus an estimate of $-0.05.
Revenue was down $2.45 million from the same period last year.
Last quarter the company beat on EPS by $0.02 which was followed by a 9.25% drop in the share price the next day.
Here's a look at iPower's past performance:
| Quarter | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.06 | -0.03 | -0.060 | -0.02 |
| EPS Actual | -0.04 | -0.10 | -0.051 | -0.11 |
| Revenue Estimate | 24.30M | 22.03M | 19.22M | 23.70M |
| Revenue Actual | 26.51M | 23.40M | 20.23M | 19.25M |
To track all earnings releases for iPower visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Posted In: IPW
