Ideal Power Inc. Announces Second Quarter 2015 Results
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Go back to Ideal Power Inc. Announces Second Quarter 2015 Results
August 5, 2015 8:08 AM EDT
Roth Capital assumes coverage on Ideal Power (NASDAQ: IPWR) with a Buy rating and a price target of $17.00.
Analyst Craig Irwin commented, "Assuming coverage of Ideal Power at Buy with a $17 target. IPWR has a unique energy conversion technology (bi-directional IGBT) that mgmt... More
August 4, 2015 4:48 PM EDT
Ideal Power (NASDAQ: IPWR) reported Q2 EPS of ($0.28), $0.04 better than the analyst estimate of ($0.32). Revenue for the quarter came in at $1.2 million versus the consensus estimate of $1.07 million.
"During the second quarter we made excellent progress on all aspects of our business, broadening our network of channel partners, securing additional volume orders across our full product portfolio, receiving initial orders... More
