iPower Inc. reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was USD 16.8 million compared to USD 19.25 million a year ago. Revenue was USD 16.8 million compared to USD 19.25 million a year ago. Net loss was USD 1.91 million compared to USD 3.29 million a year ago. Basic loss per share from continuing operations was USD 0.06 compared to USD 0.11 a year ago. Diluted loss per share from continuing operations was USD 0.06 compared to USD 0.11 a year ago.
For the six months, sales was USD 43.31 million compared to USD 45.28 million a year ago. Revenue was USD 43.31 million compared to USD 45.28 million a year ago. Net loss was USD 3.2 million compared to USD 7.47 million a year ago. Basic loss per share from continuing operations was USD 0.11 compared to USD 0.25 a year ago. Diluted loss per share from continuing operations was USD 0.11 compared to USD 0.25 a year ago.