Polar Power Reports First Quarter 2019 Financial Results
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: GlobeNewswire
GARDENA, Calif., May 15, 2019 (GLOBE NEWSWIRE) -- Polar Power, Inc. (NASDAQ: POLA), a global provider of prime, backup and solar hybrid DC power solutions, today reported its financial results for the first quarter ended March 31, 2019. Key Q1 2019 Results and Highlights: Financial Results for the Three Months Ended March 31st, 2019 Net sales for Q1 2019 were $7.75 million, which is a 59% increase compared to $4.87 million in the same period last year with a majority of the growth driven by sales of our DC power systems to Tier-1 telecommunications customers in the U.S. Backlog totaled $14.16 million at March 31, 2019. Gross profit during the quarter increased by $0.9 million, or 61%, to $2.4 million as compared to $1.5 million in the same period last year. As a percent of sales gross profit was 31% for the quarter as compared to 30% in the same period last year. The increase in gross profit was attributable to improved overhead absorptions resulting from higher revenues generat
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- 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 Reports Full Year and Fourth Quarter 2023 Financial Results [Yahoo! Finance]Yahoo! Finance
- Polar Power Reports Full Year and Fourth Quarter 2023 Financial ResultsGlobeNewswire
- 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