AUSTIN, Texas (AP) _ Ideal Power Inc. (IPWR) on Thursday reported a loss of $833,000 in its second quarter.
On a per-share basis, the Austin, Texas-based company said it had a loss of 28 cents.
The power conversion technologies developer posted revenue of $6.5 million in the period.
Ideal Power shares have nearly tripled since the beginning of the year. In the final minutes of trading on Thursday, shares hit $6.81, more than doubling in the last 12 months.
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
Automated Insights, source Associated Press News