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Stock impact report

iPower (IPW) Q3 Earnings & Revenues Top Estimates, Up Y/Y [Yahoo! Finance]

iPower Inc. (IPW) 
Company Research Source: Yahoo! Finance
The company witnessed robust performance during the quarter, registering double-digit revenue growth, gross margin expansion and improved operating leverage. It continues to drive savings in selling and performance operations, benefiting from a healthier supply-chain environment and reduced inventory levels. iPower emphasizes revenue diversification through initiatives like the super suite business and expanding its online presence with platforms like TikTok Shop and Tmall. iPower Inc. Price, Consensus and EPS Surprise iPower Inc. price-consensus-eps-surprise-chart | iPower Inc. Quote Q3 Details iPower, a tech and data-driven online retailer and supplier of consumer home, pet and garden products, reported adjusted earnings of 5 cents per share, which fared better than the Zacks Consensus Estimate of a loss of 6 cents. Also, the bottom line improved sharply from adjusted loss of 5 cents reported in the year-ago quarter. Net revenues of $23.3 million surpassed the Zacks Con Show less Read more
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