Ideal Power (IPWR) Misses Q3 EPS by 1c
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Ideal Power Reports Third Quarter 2016 Financial Results
November 10, 2016 4:05 PM ESTAUSTIN, TX -- (Marketwired) -- 11/10/16 -- Ideal Power Inc. (NASDAQ: IPWR), a developer of innovative power conversion technologies, reported results for the third quarter ended September 30, 2016.
Key Third Quarter 2016 and Subsequent Highlights:
Received 4 Megawatt purchase order from JLM Energy to supply 30kW and 125kW power conversion systems (PCS) for JLM's portfolio of commercial BESS and microgrid projects. Selected to supply power conversion systems for NEC Energy Solutions' newly launched DSS" distributed energy storage solution. Alliance partner Sonnen launched a commercial system offering, the sonnenBatterie pro, utilizing Ideal Power's 30kW... More