Pioneer Achieves 51% Year-Over-Year Increase in Revenue, Reaching $40.8 Million
Pioneer Power Solutions, Inc. (PPSI)
Last pioneer power solutions, inc. earnings: 3/28 04:05 pm
Check Earnings Report
US:NASDAQ Investor Relations:
pioneerpowersolutions.com/investors
Company Research
Source: Business Wire
Delivers Positive Full-Year Net Income vs. Net Loss in 2022;Backlog Surges to $46 Million; up 36% Sequentially;Expects Continued, Rapid Growth in Revenue, EPS and Operating Margins in 2024;Guides to $52 to $54 Million in Revenue and $0.31 to $0.34 in EPS for Full-Year 2024 FORT LEE, N.J.--(BUSINESS WIRE)--Pioneer Power Solutions, Inc. (Nasdaq: PPSI) (“Pioneer” or the “Company”), a leader in the design, manufacture, service and integration of electrical power systems, distributed energy resources, power generation equipment and mobile electric vehicle (“EV”) charging solutions, today announced unaudited preliminary financial results for the fourth quarter and 12 months ended December 31, 2023 and provided a business update.Preliminary Financial Highlights for the Full Year 2023 (Unaudited):Revenue was $40.8 million, as compared to $27.0 million during 2022, an increase of 51.1%.Gross profit was $10.4 million, or a gross margin of 25.5%, as compared to $4.6 million, or a gross margin
Show less
Read more
Impact Snapshot
Event Time:
PPSI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PPSI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PPSI alerts
High impacting Pioneer Power Solutions, Inc. news events
Weekly update
A roundup of the hottest topics
PPSI
News
- Pioneer Receives Nasdaq Notification of Non-Compliance Related to Delayed Annual Report on Form 10-K [Yahoo! Finance]Yahoo! Finance
- Pioneer Receives Nasdaq Notification of Non-Compliance Related to Delayed Annual Report on Form 10-KBusiness Wire
- Pioneer Power Solutions, Inc. (NASDAQ: PPSI) had its price target lowered by analysts at Lake Street Capital from $12.00 to $9.00. They now have a "buy" rating on the stock.MarketBeat
- XTI Aerospace, VirTra, Pioneer Power Solutions among industrial movers [Seeking Alpha]Seeking Alpha
- Pioneer Power Solutions, Inc. (NASDAQ:PPSI) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
PPSI
Earnings
- 4/1/24 - Miss
PPSI
Sec Filings
- 4/23/24 - Form 8-K
- 4/2/24 - Form NT
- 4/1/24 - Form 8-K
- PPSI's page on the SEC website