Polar Power Third Quarter 2024 Earnings: EPS: US$0.005 (vs US$1.00 loss in 3Q 2023)

Simply Wall St.

20 Nov 2024

Polar Power (NASDAQ:POLA) Third Quarter 2024 Results

Key Financial Results

Revenue: US$4.91m (up 157% from 3Q 2023).
Net income: US$13.0k (up from US$1.84m loss in 3Q 2023).
Profit margin: 0.3% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue.
EPS: US$0.005 (up from US$1.00 loss in 3Q 2023).

NasdaqCM:POLA Earnings and Revenue History November 20th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Polar Power shares are down 9.0% from a week ago.

Risk Analysis

Before you take the next step you should know about the 4 warning signs for Polar Power (3 can't be ignored!) that we have uncovered.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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The move to profitability was driven by higher revenue.</li>\n<li>EPS: US$0.005 (up from US$1.00 loss in 3Q 2023).</li>\n</ul>\n<figure>\n<img height=\"560\" src=\"https://s.yimg.com/uu/api/res/1.2/FolyS41c0bZq16jhmK49kg--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/simply_wall_st__316/2c13ff6dba2231c075b8ece26b3ec180\" width=\"821\"/>\n<figcaption>\n  NasdaqCM:POLA Earnings and Revenue History November 20th 2024\n </figcaption>\n</figure>\n<p><i>All figures shown in the chart above are for the trailing 12 month (TTM) period</i></p>\n<p> Polar Power shares are down 9.0% from a week ago. </p>\n<h3>Risk Analysis</h3>\n<p> Before you take the next step you should know about the <strong>4 warning signs for Polar Power</strong> (3 can't be ignored!) that we have uncovered. </p>\n<p><strong>Have feedback on this article? Concerned about the content?</strong> <strong>Get in touch</strong><strong> with us directly.</strong><i> Alternatively, email editorial-team (at) simplywallst.com.</i><br/><br/><i>This article by Simply Wall St is general in nature. <strong>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.</strong> 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.</i><br/><br/></p></body></html>","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta content=\"text/html; charset=utf-8\" http-equiv=\"Content-Type\"/>\n<meta content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\" name=\"viewport\"/>\n<meta content=\"telephone=no,email=no,address=no\" name=\"format-detection\"/>\n<title>Polar Power Third Quarter 2024 Earnings: EPS: US$0.005 (vs US$1.00 loss in 3Q 2023)</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPolar Power Third Quarter 2024 Earnings: EPS: US$0.005 (vs US$1.00 loss in 3Q 2023)\n</h2>\n<h4 class=\"meta\">\n\n\n2024-11-20 20:57 GMT+8   <a href=\"https://finance.yahoo.com/news/polar-power-third-quarter-2024-125759783.html\"><strong>Simply Wall St.</strong></a>\n</h4>\n</header>\n<article>\n<div>\n<p>Polar Power (NASDAQ:POLA) Third Quarter 2024 Results\nKey Financial Results\n\nRevenue: US$4.91m (up 157% from 3Q 2023).\nNet income: US$13.0k (up from US$1.84m loss in 3Q 2023).\nProfit margin: 0.3% (up ...</p>\n<a href=\"https://finance.yahoo.com/news/polar-power-third-quarter-2024-125759783.html\">Source Link</a>\n</div>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"POLA","symbol_name":"Polar Power Inc.","start_time":0,"source_url":"https://finance.yahoo.com/news/polar-power-third-quarter-2024-125759783.html","article_id":"2484111846","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/5Vpve0Pc2F3m_L3fs2p_dQ--~B/aD02MzY7dz05NDU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/simply_wall_st__316/78a8c60a6283aea0450523395306d38c"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2484111846","pubTimestamp":1732107479,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Profit margin: 0.3% . The move to profitability was driven by higher revenue.NasdaqCM:POLA Earnings and Revenue History November 20th 2024. All figures shown in the chart above are for the trailing 12 month  period. Polar Power shares are down 9.0% from a week ago.Before you take the next step you should know about the 4 warning signs for Polar Power (3 can't be ignored!","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"POLA":"Polar Power Inc.","PW":"Power REIT"},"translate_title":"Polar Power 2024年第三季度收益：每股收益：0.005美元（2023年第三季度亏损1.00美元）","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PW":1,"POLA":0.9},"content_text":"Polar Power (NASDAQ:POLA) Third Quarter 2024 Results\nKey Financial Results\n\nRevenue: US$4.91m (up 157% from 3Q 2023).\nNet income: US$13.0k (up from US$1.84m loss in 3Q 2023).\nProfit margin: 0.3% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue.\nEPS: US$0.005 (up from US$1.00 loss in 3Q 2023).\n\n\n\n\n  NasdaqCM:POLA Earnings and Revenue History November 20th 2024\n \n\nAll figures shown in the chart above are for the trailing 12 month (TTM) period\n Polar Power shares are down 9.0% from a week ago. \nRisk Analysis\n Before you take the next step you should know about the 4 warning signs for Polar Power (3 can't be ignored!) that we have uncovered. \nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.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.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1}}}