Previous close | 7.68 |
Open | 7.51 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 7.44 - 7.90 |
52-week range | 6.61 - 13.98 |
Volume | |
Avg. volume | 35,401 |
Market cap | 58.323M |
Beta (5Y monthly) | 1.02 |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Explore key insights from Ideal Power Inc's Q1 2024 earnings, including commercial progress, financial performance, and strategic partnerships.
Q1 2024 Ideal Power Inc Earnings Call
Ideal Power Inc (NASDAQ:IPWR) reported first-quarter FY24 commercial revenue of $78,739. Operating expenses in the first quarter fell to $2.5 million from $2.6 million last year. Ideal Power completed a public equity offering in the quarter and raised net proceeds of $15.7 million. Net loss for the quarter was $2.5 million. The company held $20.2 million in cash and equivalents as of March 31, 2024. Ideal noted that there was no outstanding long-term debt at March 31, 2024. "We expect industrial