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iPower Inc. Reports Positive Q2 Earnings and Revenue Growth

iPower Inc. showcases a remarkable turnaround with positive Q2 results, reporting earnings of $0.22 million, up from a loss last year. This performance improvement, alongside increased revenue of $19.07 million, suggests a promising trend for investors.

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AI Rating:   7

Earnings Per Share (EPS): iPower Inc. reported an EPS of $0.01 in Q2, compared to a loss of -$0.06 in the same period last year. This significant shift from negative to positive EPS indicates a potential growth trend and could positively influence investor sentiment.

Revenue Growth: The company's revenue grew to $19.07 million in Q2, an increase from $16.80 million in the same period the previous year. This revenue growth signals that iPower is gaining traction in the market, which may attract more investment interest.