AUSTIN, Texas — Ideal Power Inc. (IPWR) on Wednesday reported a loss of $1.3 million in its second quarter.
The Austin, Texas-based company said it had a loss of 9 cents per share. Losses, adjusted to account for discontinued operations, came to 6 cents per share.
In the final minutes of trading on Wednesday, the company’s shares hit 33 cents. A year ago, they were trading at 73 cents.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IPWR at https://www.zacks.com/ap/IPWR