Ideal Power Q2 EPS $(0.33) Misses $(0.25) Estimate, Sales $1.275K Miss $20.000K Estimate

Ideal Power (NASDAQ: IPWR) reported quarterly losses of $(0.33) per share which missed the analyst consensus estimate of $(0.25) by 32 percent. This is a 6.45 percent decrease over losses of $(0.31) per share from the same period last year. The company reported quarterly sales of $1.275 thousand which missed the analyst consensus estimate of $20.000 thousand by 93.63 percent. This is a 4.21 percent decrease over sales of $1.331 thousand the same period last year.