Ideal Power: Q4 Earnings Snapshot
By AP News
Published - Mar 02, 2023, 04:33 PM ET
Last Updated - Jun 22, 2023, 06:17 PM EDT
AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — Ideal Power Inc. (IPWR) on Thursday reported a loss of $1.9 million in its fourth quarter.
The Austin, Texas-based company said it had a loss of 31 cents per share.
The power conversion technologies developer posted revenue of $16,600 in the period. Its adjusted revenue was $17,000.
For the year, the company reported that its loss widened to $7.2 million, or $1.17 per share. Revenue was reported as $203,000.
