What To Expect From Ideal Power Inc. ($IPWR) 2Q20 Earnings

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Ideal Power Inc. (NASDAQ:IPWR) is set to announce second quarter earning results on Thursday 13th August 2020, after market close.

Previous Quarter Performance

Ideal Power Inc. reported loss for the first quarter of $ 0.31 per share, from the revenue of . The quarterly revenues compared with the same quarter last year. The consensus estimates are in revenue The bottom line results street analysts by $ 0.01 or , at the same time, top line results analysts by $ 2.62 million or .

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Stock Performance

According to the previous trading day, closing price of IPWR was $ 6.70, representing a 520.37 % increase from the 52 week low of $ 1.08 and a 38.64 % decrease over the 52 week high of $ 10.92.

The company has a market capital of $ 14.25 million and is part of the Industrials sector and Diversified Industrials industry.

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Ideal Power Inc. focuses on the commercialization of its B-TRAN technology. It develops Bi-directional bi-polar junction TRANsistor solid state switch technology.