Ideal Power Inc. Announces Financial Results for Q3 2024

Ideal Power Inc. (NASDAQ:IPWR) released its financial results for the third quarter ending September 30, 2024. The company made this announcement through a press release on November 14, 2024, which is disclosed in the Form 8-K filing. The press release includes insights into the company’s performance for the mentioned period and also contains forward-looking statements discussing future expectations.

Moreover, the Ideal Power Inc. will be hosting a conference call with investors to discuss these results in detail. The call is scheduled to commence at 10:00 a.m. Eastern Time on the same day, November 14, 2024. Interested individuals can access the call by dialing 1-888-506-0062 and requesting to join the Ideal Power Inc. call. For those unable to participate during the live call, a webcast and replay will be available at https://www.webcaster4.com/Webcast/Page/2987/51554.

As specified in the Form 8-K filing, the information provided in this report, including the press release (Exhibit 99.1), is not considered to be filed under the Securities Exchange Act of 1934. It shall not be incorporated by reference in any registration statement under the Securities Act of 1933 or the Exchange Act, irrespective of any general incorporation language in such filings.

In compliance with the financial reporting requirements, Ideal Power Inc. submitted the following exhibits along with this filing:
– Exhibit 99.1: Press Release dated November 14, 2024.
– Exhibit 104: Cover Page Interactive Data File (embedded within the Inline XBRL document).

The signing officer, Timothy Burns, Chief Financial Officer on behalf of Ideal Power Inc., has confirmed the accuracy of this filing by signing off on November 14, 2024. This statement adheres to the guidelines of the Securities Exchange Act of 1934.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Ideal Power’s 8K filing here.

Ideal Power Company Profile

Ideal Power Inc focuses on the development and commercialization of its bidirectional bipolar junction TRANsistor solid-state switch technology. It also offers SymCool Power Module designed to meet low conduction loss needs of the solid-state circuit breaker market. The company serves electric and hybrid electric vehicles, electric vehicle charging, renewable energy and energy storage system power converters, uninterruptible power supplies for data centers, industrial motor drives, solid-state circuit breakers, distribution and transmission switches and controls, and other industrial and military markets.