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NYSE:IPW

iPower 11/14/2023 Earnings Report

iPower logo
$0.63 -0.07 (-9.46%)
Closing price 04:00 PM Eastern
Extended Trading
$0.64 +0.01 (+1.88%)
As of 06:27 PM Eastern
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iPower EPS Results

Actual EPS
-$0.04
Consensus EPS
-$0.06
Beat/Miss
Beat by +$0.02
One Year Ago EPS
N/A

iPower Revenue Results

Actual Revenue
$26.51 million
Expected Revenue
$24.30 million
Beat/Miss
Beat by +$2.21 million
YoY Revenue Growth
N/A

iPower Announcement Details

Quarter
Time
N/A
Conference Call Date
N/A
Conference Call Time
N/A

Conference Call Resources

iPower Earnings Headlines

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About iPower

iPower (NYSE:IPW), Inc. (NYSE: IPW) is a U.S.-based supplier of horticultural and greenhouse equipment serving both commercial growers and home gardeners. The company specializes in products designed to optimize indoor and outdoor cultivation environments, offering a comprehensive range of lighting, ventilation, irrigation and climate-control solutions. Through its online platform and network of distribution partners, iPower seeks to address the needs of hobbyists, small-scale growers and large agricultural operations.

The company’s product portfolio includes LED and high-intensity discharge (HID) grow lights, inline fans and ducting systems for airflow management, programmable irrigation controllers and hydroponic grow kits. Additional offerings such as reflective films, greenhouse covers and CO₂ supplementation tools are marketed under the iPower brand to enhance plant performance in controlled-environment agriculture. iPower complements its hardware lines with instructional resources and customer service support to help growers select and deploy the right equipment.

iPower sells directly to customers through its e-commerce site and maintains fulfillment centers in strategic locations across North America. This distribution model enables expedited shipping of bulk orders as well as small-quantity purchases, catering to both retail outlets and online-only buyers. Although the majority of iPower’s revenues originate from U.S. sales, the company’s web-based retail platform has attracted interest from international customers in Europe and Asia.

Managed by a leadership team with experience in supply-chain logistics, horticulture and online retail, iPower continues to expand its product lines and distribution footprint. The company’s focus on turnkey solutions for controlled-environment agriculture positions it as a one-stop source for growers seeking to improve yield, consistency and operational efficiency without extensive equipment sourcing from multiple vendors.

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