iPower Inc. reported earnings results for the third quarter and nine months ended March 31, 2022. For the third quarter, the company reported sales was USD 22.81 million compared to USD 13.13 million a year ago. Revenue was USD 22.81 million compared to USD 13.13 million a year ago. Net income was USD 1.18 million compared to net loss of USD 0.206823 million a year ago. Basic earnings per share from continuing operations was USD 0.042 compared to basic loss per share from continuing operations of USD 0.01 a year ago. Diluted earnings per share from continuing operations was USD 0.042 compared to diluted loss per share from continuing operations of USD 0.01 a year ago.
For the nine months, sales was USD 57.3 million compared to USD 39.35 million a year ago. Revenue was USD 57.3 million compared to USD 39.35 million a year ago. Net income was USD 2.87 million compared to USD 1.13 million a year ago. Basic earnings per share from continuing operations was USD 0.106 compared to USD 0.056 a year ago. Diluted earnings per share from continuing operations was USD 0.106 compared to USD 0.056 a year ago.