iPower Inc reports results for the quarter ended September 30 - Earnings Summary

• iPower Inc IPW.OQ reported a quarterly adjusted loss of 6 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of -4 cents. The lone analyst forecast for the quarter was for earnings of 2 cents per share.

• Revenue fell 28.3% to $19.01 million from a year ago; analysts expected $20.90 million.

• iPower Inc's reported EPS for the quarter was a loss of 6 cents​.

• The company reported a quarterly loss of $2.03 million.

• iPower Inc shares had fallen by 33.7% this quarter and gained 166.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 100% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the online services peer group is also "buy"

Wall Street's median 12-month price target for iPower Inc is $2.75

This summary was machine generated from LSEG data November 15 at 02:02 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)