Ideal Power (IPWR) Tops Q1 EPS by 3c
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Ideal Power Reports First Quarter 2016 Financial Results
May 12, 2016 4:01 PM EDTAUSTIN, TX -- (Marketwired) -- 05/12/16 -- Ideal Power Inc. (NASDAQ: IPWR), a developer of innovative power conversion technologies, reported results for its first quarter ended March 31, 2016.
Key First Quarter 2016 and Subsequent Highlights:
Introduced new SunDial" solar photovoltaic (PV) string inverter. Signed first licensing agreement with a Fortune Global 500 Company for our SunDial product. Successfully tested Bi-Directional Bi-Polar Junction TRANsistor (B-TRAN") silicon dies with semiconductor fabricator. Successfully tested and demonstrated a new Variable Frequency Drive (VFD) based on award-winning, patented Power Packet Switching Architecture"... More