Ideal Power Inc. ($IPWR) 3Q20 Earnings Sneak Peek

Ideal Power Inc. (NASDAQ:IPWR) is set to announce third quarter earning results on Thursday 12th November 2020, after market close.

Previous Quarter Performance

Ideal Power Inc. posted loss for the second quarter of $ 0.28 per share, from the revenue of $ 6.51 million.

Stock Performance

Shares of Ideal Power Inc. traded up $ 0.42 or 6.90 percent on Wednesday, reaching $ 6.51 with volume of 35.70 thousand shares. Ideal Power Inc. has traded high as $ 6.51 and has cracked $ 5.81 on the downward trend

The closing price of $ 6.51, representing a 463.89 % increase from the 52 week low of $ 1.08 and a 44.23 % decrease over the 52 week high of $ 10.92.

The company has a market capital of $ 18.88 million and is part of the Industrials sector and Diversified Industrials industry.

Conference Call

Ideal Power Inc. will be hosting a conference call at 4:30 PM eastern time on 12th November 2020, to discuss its 3Q20 financial results with the investment community. The participants may dial, 1-866-248-8441 Toll Free or 1-323-289-6576 Outside U.S., when prompted, enter passcode 8075834 in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.idealpower.com

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

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