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iPower Inc. (IPW) Just Flashed Golden Cross Signal: Do You Buy?
zacks.com· 2024-05-20 14:56
IPW could be on the verge of a breakout after moving 622.5% higher over the last four weeks. Plus, the company is currently a #1 (Strong Buy) on the Zacks Rank. The bullish case only gets stronger once investors take into account IPW's positive earnings outlook for the current quarter. There have been 1 upwards revisions compared to none lower over the past 60 days, and the Zacks Consensus Estimate has moved up as well. Investors may want to watch IPW for more gains in the near future given the company's ke ...
iPower (IPW) Is Attractively Priced Despite Fast-paced Momentum
zacks.com· 2024-05-20 13:51
Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time. Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phas ...
iPower's SuperSuite Supply Chain Business Celebrates a Year of Transformative Growth
Newsfilter· 2024-05-20 12:30
RANCHO CUCAMONGA, Calif., May 20, 2024 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company"), a tech and data-driven online retailer and supplier of consumer home, pet and garden products, as well as a provider of value-added ecommerce services, today announced the first anniversary of its SuperSuite supply chain business ("SuperSuite") and key differentiators fueling its transformative growth. "Since its inception in 2023, SuperSuite has emerged as a critical partner for innovative produ ...
iPower's SuperSuite Supply Chain Business Celebrates a Year of Transformative Growth
globenewswire.com· 2024-05-20 12:30
RANCHO CUCAMONGA, Calif., May 20, 2024 (GLOBE NEWSWIRE) -- iPower Inc. (Nasdaq: IPW) ("iPower" or the "Company"), a tech and data-driven online retailer and supplier of consumer home, pet and garden products, as well as a provider of value-added ecommerce services, today announced the first anniversary of its SuperSuite supply chain business ("SuperSuite") and key differentiators fueling its transformative growth. "Since its inception in 2023, SuperSuite has emerged as a critical partner for innovative prod ...
iPower Inc. (IPW) is a Great Momentum Stock: Should You Buy?
zacks.com· 2024-05-17 17:01
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Eve ...
iPower (IPW) Q3 Earnings & Revenues Top Estimates, Up Y/Y
zacks.com· 2024-05-16 17:11
iPower Inc. (IPW) posted third-quarter fiscal 2024 results, wherein the top and bottom lines beat the Zacks Consensus Estimate. Also, both metrics improved year over year. 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 dive ...
iPower (IPW) - 2024 Q3 - Earnings Call Transcript
2024-05-15 00:59
iPower Inc (NASDAQ:IPW) Q3 2024 Results Conference Call May 14, 2024 4:30 PM ET Company Participants Kevin Vassily - CFO & Director Lawrence Tan - Co-Founder, Chairman, CEO, President & Secretary Conference Call Participants Scott Fortune - ROTH MKM Thierry Wuilloud - Water Tower Research Operator Good afternoon, everyone, and thank you for participating in today's conference call to discuss iPower's Financial Results for its Fiscal Third Quarter 2024 ended March 31, 2024. Joining us today are iPower's Chai ...
IPower Inc. (IPW) Q3 Earnings and Revenues Top Estimates
Zacks Investment Research· 2024-05-14 23:21
Over the last four quarters, the company has surpassed consensus EPS estimates two times. iPower, which belongs to the Zacks Consumer Products - Discretionary industry, posted revenues of $23.31 million for the quarter ended March 2024, surpassing the Zacks Consensus Estimate by 25.32%. This compares to year-ago revenues of $20.23 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recent ...
iPower (IPW) - 2024 Q3 - Quarterly Report
2024-05-14 20:31
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________ to ______________ (626) 863-7344 (Registrant's telephone number, including area code) N/A (Former name, former address and form ...
iPower (IPW) - 2024 Q3 - Quarterly Results
2024-05-14 20:05
Exhibit 99.1 iPower Reports Fiscal Third Quarter 2024 Results Fiscal Q3 Revenue up 15% to $23.3 Million Driven In-Part by Accelerated Growth of iPower SuperSuite Business Gross Margin Expansion and Improved Operating Leverage Enables Return to Profitability Strong Fiscal Q3 Performance Lays Foundation for Further Growth and Profitability DUARTE, CA, May 14, 2024 -- iPower Inc. (Nasdaq: IPW) ("iPower" or the "Company"), a tech and data-driven online retailer and supplier of consumer home, pet and garden prod ...