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Ideal Power records $3.6 million loss in Q3

Associated Press +1 · ·by G4L

IPWR
IPWR Ideal Power Inc
$2.19 -3.52%
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  1. 1Ideal Power Inc. recorded a loss of $3.6 million in the third quarter.
  2. 2Ideal Power Inc. reported a loss of 18 cents per share in the third quarter.
  3. 3Ideal Power Inc. revenue was $7,000 during the period.

So what's the key point?

Ideal Power Inc. saw a loss of $3.6 million in the third quarter. This means the company recorded a deficit as revenue only reached $7,000.

Source Associated Press +1 · View original ↗

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