Stock Analysis

iPower Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

NasdaqCM:IPW
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iPower (NASDAQ:IPW) Full Year 2024 Results

Key Financial Results

  • Revenue: US$86.1m (down 3.2% from FY 2023).
  • Net loss: US$1.53m (loss narrowed by 87% from FY 2023).
  • US$0.051 loss per share (improved from US$0.40 loss in FY 2023).
earnings-and-revenue-growth
NasdaqCM:IPW Earnings and Revenue Growth September 27th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

iPower EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) exceeded analyst estimates by 17%.

The company's shares are up 1.2% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 4 warning signs for iPower (of which 2 shouldn't be ignored!) you should know about.

Valuation is complex, but we're here to simplify it.

Discover if iPower might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.