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iPower, Inc. - $IPW STOCK NEWS

Welcome to our dedicated page for iPower news (Ticker: $IPW), a resource for investors and traders seeking the latest updates and insights on iPower stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect iPower's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of iPower's position in the market.

Rhea-AI Summary

Datasea Inc. (NASDAQ: DTSS) pre-announced estimated revenue of $12.5 million for April 2024, supporting its revenue guidance of $86 million for fiscal 2024, reflecting a 1,128% year-over-year increase. The Company serves over 48 million enterprises and users in China with 5G-AI multimodal communication technology, leading to a strong revenue projection. Datasea's core products include acoustic solutions for clean environments and ultrasonic sleep aids, with plans to expand its market reach in the US.

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-1.97%
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Rhea-AI Summary

iPower Inc. (Nasdaq: IPW) has scheduled a conference call on May 14, 2024, at 4:30 p.m. ET to discuss its financial results for the fiscal third quarter ended March 31, 2024. The call will be hosted by iPower management and will include a question-and-answer period.

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Rhea-AI Sentiment
End-of-Day
15.52%
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Rhea-AI Summary
Datasea Inc. (NASDAQ: DTSS) and iPower Inc. (NASDAQ: IPW) have entered into a Framework Agreement for Product Cooperation to expand product distribution in the US online market. This collaboration aims to leverage Datasea's digital technology expertise and iPower's ecommerce platform to offer cutting-edge products to US consumers.
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3.59%
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iPower Inc. (Nasdaq: IPW) will participate in the Water Tower Research Fireside Chat Series on April 18, 2024. The Chief Financial Officer, Kevin Vassily, will discuss product catalog, data analytics, and online vs. social media marketplaces.
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0.25%
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iPower Inc. (IPW) CFO to participate in Water Tower Research Fireside Chat Series discussing SuperSuite Business, channel development, and gross margin trends.
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4.96%
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iPower Inc. (IPW) announces financial results for Q2 2024, with total revenue at $16.8M, gross profit at $7.3M, and net loss improving by 42%. The company reduced net debt by 56% and aims to return to profitability in 2024.
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-10.81%
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iPower Inc. (Nasdaq: IPW) will host a conference call to discuss its financial results for the fiscal second quarter ended December 31, 2023. The company is a tech and data-driven online retailer and supplier of consumer home and garden products, as well as a provider of value-added ecommerce services.
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Rhea-AI Sentiment
End-of-Day
-3.17%
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Rhea-AI Summary
iPower Inc. (Nasdaq: IPW) announced record quarterly revenue for its fiscal first quarter ended September 30, 2023, driven by growth in its SuperSuite supply chain business. Total revenue increased 2% to $26.5 million, while gross profit increased 18% to $11.8 million, and net loss attributable to iPower improved 69% to $1.3 million. The Company also reduced its net debt by 48% to $4.3 million. Management highlighted the strong sales of non-hydroponic products and the annualized revenue run-rate of approximately $7.0 million from the SuperSuite supply chain partnerships.
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Rhea-AI Sentiment
End-of-Day
-9.24%
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Rhea-AI Summary
iPower Inc. will host a conference call on November 14, 2023, to discuss its financial results for the fiscal first quarter ended September 30, 2023. The call will be followed by a Q&A session. The conference call will be available for replay on the company's website.
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iPower Inc. to participate in Water Tower Research Fireside Chat Series
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Rhea-AI Sentiment
End-of-Day
-8.91%
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conferences
iPower, Inc.

Nasdaq:IPW

IPW Rankings

IPW Stock Data

16.01M
11.01M
63.37%
2.73%
0.01%
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