Polar Power First Quarter 2023 Earnings: US$0.086 loss per share (vs US$0.088 loss in 1Q 2022)
Polar Power (NASDAQ:POLA) First Quarter 2023 Results
Key Financial Results
Revenue: US$4.19m (up 13% from 1Q 2022).
Net loss: US$1.11m (flat on 1Q 2022).
US$0.086 loss per share (improved from US$0.088 loss in 1Q 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Polar Power shares are up 28% from a week ago.
Risk Analysis
Before you take the next step you should know about the 4 warning signs for Polar Power (3 are potentially serious!) that we have uncovered.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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