Polar Power Announces $2.9 Million in New Bookings During January 2024 [Yahoo! Finance]
Polar Power, Inc. (POLA)
Last polar power, inc. earnings: 11/12 04:05 pm
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US:NASDAQ Investor Relations:
ir.polarpower.com/investors/investor-overview/default.aspx
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Source: Yahoo! Finance
GARDENA, CA, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Polar Power, Inc. (“Polar Power” or the “Company”) (NASDAQ: POLA), a global provider of prime, backup, and solar hybrid power solutions, announces approximately $2.9 million in net new bookings from international and domestic Tier-1 customers for the month of January 2024. This compares to $3.7 million in new bookings for the full first quarter in 2023. Arthur Sams, CEO of Polar Power commented, “Our telecom market business is being driven by four factors: increased power demand for network upgrades, diminishing power availability from utility grids, increasing cost of diesel fuel, and providing increased broadband service to rural areas. A substantial portion of the $2.9 million in new orders in January represents repeat and expanded business in Puerto Rico. Over the past 6 years, our products deployed there have consistently performed exceptionally well in extreme weather conditions which routinely causes interruption in grid power f
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POLA
News
- Polar Power, Inc. (NASDAQ: POLA) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Polar Power, Inc. (NASDAQ: POLA) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Polar Power, Inc. (NASDAQ: POLA) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Polar Power, Inc. (NASDAQ: POLA) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Polar Power, Inc. (NASDAQ: POLA) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
POLA
Sec Filings
- 4/1/24 - Form 8-K
- 4/1/24 - Form 10-K
- 2/13/24 - Form SC
- POLA's page on the SEC website