Polar Power Reports First Quarter 2018 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/7/2026
- Nasdaq set to fall at open as DeepSeek's AI chip push rattles markets
- Oil gains after vessels attacked near Strait of Hormuz
- Citi says SpaceX stock has path to $900+ valuation. Here’s how
- Tesla stock target lifted at RBC on potential SpaceX merger
- Short squeezes more likely than widespread selling: Citi
- Rivian Automotive (RIVN) files for 75M share offering
- Rivian offers Q2 2026 revenue outlook, cash position grows
- Nokia OYJ (NOKIA:FH) (NOK) PT Raised to EUR14 at Kepler Cheuvreux
- Meta capex to surge in 2027, neocloud fears ’erroneous’ - SemiAnalysis
- Coursera plans layoffs after Udemy merger, estimates $8M-$11M in costs
Roth Capital Remains Sidelined on Polar Power, Inc. (POLA) Following 1Q
May 15, 2018 8:20 AM EDTRoth Capital reiterated a Neutral rating and $6.00 price target on Polar Power (NASDAQ: POLA) following the company's 1Q earnings report. POLA reported 1Q18 Rev/EPS/EBITDA of $4.9m/ ($0.03)/($0.3m) vs. consensus at $4.5m/($0.01)/($0.1m).
The company has received a 20-unit purchase... More
Polar Power, Inc. (POLA) Misses Q1 EPS by 2c, Beats on Revenues
May 14, 2018 4:02 PM EDTPolar Power, Inc. (NASDAQ: POLA) reported Q1 EPS of ($0.03), $0.02 worse than the analyst estimate of ($0.01). Revenue for the quarter came in at $4.8 million versus the consensus estimate of $4.5 million.
First Quarter 2018 Financial Highlights
Net sales decreased 2% to $4.9 million in Q1 2018, as compared to $5.0 million in Q1 2017.Net sales increased 22% in Q1 2018 to $4.9 million, as compared to $4.0 million in Q4 2017.Backlog increased to $2.5 million at March 31, 2018 and is currently $4.3 million at May 11, 2018.Gross profit as a percentage of net sales declined to 30% in Q1 2018, as compared to 39% in Q1... More