IPWR Earnings Prediction
The chart below shows how IPWR performed 10 days before and after its earnings report, based on data from the past quarters. Typically, IPWR sees a -3.55% change in stock price 10 days leading up to the earnings, and a -0.64% change 10 days following the report. On the earnings day itself, the stock moves by -4.68%. This data can give you a slight idea of what to expect for the next quarter's release.
IPWR Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
554.00
-64.42%
-58.38%
Gross Margin
-172.74%
--
-85.76%
Operating Margin
-523399.10%
186.97%
141.39%
Net Margin
-485622.38%
175.91%
142.81%
EPS
-0.31
-29.55%
-0.00%
No Data Available
IPWR Earnings Analysis
Ideal Power Inc. Corporation (IPWR.O) Earnings Conference Call
Positive
Cash Burn Increase: Ideal Power's third quarter 2024 financial results show a cash burn of $2.4 million, up from $1.9 million in the third quarter of 2023, indicating improved financial management.
Expense Management Strategy: The company continues to manage expenses prudently and aggressively, expecting a cash burn of approximately $2.6 million to $2.8 million in the fourth quarter of 2024, which is a positive trend.
Strong Demand Indicated: Ideal Power has secured initial orders from a global Tier 1 automotive supplier, indicating strong demand for its products.
Distribution Network Expansion: The company has added RYOSHO and Sekorm as its second and third distributors, enhancing its distribution network and market reach.
Future Revenue Potential: Ideal Power's B-TRAN technology is expected to generate significant interest from large global customers, indicating strong future revenue potential.
Negative
Cash Burn Increase: Our third quarter 2024 cash burn was $2.4 million, up from $1.9 million in the third quarter of 2023 and up from $2.2 million in the second quarter of 2024.
Fourth Quarter Cash Burn: We expect fourth quarter 2024 cash burn of approximately $2.6 million to $2.8 million.
2024 Cash Burn Guidance: We previously provided guidance of a cash burn for full year 2024 of $8.5 million, net of an expected $1 million in proceeds from warrant exercises.
Consistent Net Loss: Our net loss was flat at $2.7 million in both the third quarter of 2024 and the third quarter of 2023.
Operating Expenses Comparison: Operating expenses were $2.9 million in the third quarter of 2024 compared to $2.8 million in the third quarter of 2023.
IPWR FAQs
How does IPWR typically perform around its earnings report dates?
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IPWR Earning Call Sentiment
Ideal Power Inc. (IPWR) Q3 2024 Earnings Call Transcript
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IPWR.O
0%Positive
The earnings call summary indicates mixed signals: while there are positive developments such as new partnerships, increased product ratings, and a global distribution agreement, there are also concerns about competitive pressures, regulatory issues, and a significant cash burn. The Q&A section reveals management's optimism about long-term growth and new partnerships, but also highlights challenges in achieving large orders and the impact of external factors. Given these mixed factors and the lack of strong financial metrics or guidance, a neutral stock price movement is expected in the short term.
