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Polar Power, Inc. engages in the design, manufacture, and sell of direct current (DC) power systems. Its products include DC generators, Back-up DC generators, hybrid power systems, Li-Ion battery system, and Marine DC generators. Read More The company was founded by Arthur D. Sams in 1979 and is headquartered in Gardena, CA.
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Seeking AlphaMay 15
Polar Power, Inc. CEO Arthur Sams on Q1 2019 Results - Earnings Call Transcript
Polar Power, Inc. (NASDAQ:POLA) Q1 2019 Earnings Conference Call May 15, 2019 10:00 AM ET Company Participants Shawn Severson - Investor Relations Arthur Sams - Chief Executive Officer Raj Masina - Chief Operations Officer Luis Zavala - Chief Financial Officer Conference Call Participants Tim Chatard - Quantum Capital Eric Grossman - Aquaman Financial. Jeff Kobylarz - Diamond Bridge Capital Robert Marcin - Penn Capital Operator Good day, everyone, and welcome to the Polar Power First Quarter 201...
Seeking AlphaMay 15
Polar Power +3% post Q1 revenue beat
Polar Power (POLA +3.7% ) reports Q1 sales growth of 59% Y/Y to $7.75M, driven by sales of DC power systems to Tier-1 telecommunications customers in the U.S. Q1 Gross margin improved by 42 bps to 30.9%; and operating margin recovered by 773 bps to 1%. Q1 Operating expenses were $2.31M (+27.8% Y/Y), with selling & marketing $630k (+3.2% Y/Y); R&D $562.3k (+21.5% Y/Y); and G&A $1.12M (+52.3% Y/Y). Backlog was $14.16M at March 31, 2019. Net cash used in operating activities was $1.98M, compared to $2.41M ...
Yahoo FinanceMay 10
Polar Power to Host First Quarter 2019 Financial Results Conference Call on Wednesday, May 15, 2019 at 10:00 a.m. ET
GARDENA, Calif., May 10, 2019 (GLOBE NEWSWIRE) -- Polar Power, Inc. (POLA), a global provider of prime, backup and solar hybrid power solutions, will hold a conference call on Wednesday, May 15, 2019 at 10:00 a.m. Eastern Time, to discuss its results for the three months ended on March 31, 2019. Financial results will be issued in a press release prior to the call. Polar Power CEO Arthur Sams, CFO Luis Zavala and COO Raj Masina will host the conference call, followed by a question and answer period. To ...
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