Pioneer Power Solutions Inc. (PPSI) Announces Quarterly Earnings Results
Pioneer Power Solutions Inc. (NASDAQ:PPSI) announced its earnings results on Monday. The company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.16 by $0.06. The company had revenue of $29.40 million for the quarter, compared to analyst estimates of $32 million. Pioneer Power Solutions had a positive return on equity of 11.05% and a negative net margin of 3.79%.
Pioneer Power Solutions (NASDAQ:PPSI) opened at 5.105 on Tuesday. The stock’s 50 day moving average is $5.47 and its 200 day moving average is $5.48. The company’s market capitalization is $44.41 million. Pioneer Power Solutions has a 52 week low of $2.78 and a 52 week high of $6.38.
Separately, Zacks Investment Research upgraded shares of Pioneer Power Solutions from a “sell” rating to a “hold” rating in a report on Saturday, October 15th.
Pioneer Power Solutions Company Profile
Pioneer Power Solutions, Inc manufactures, sells and services a range of specialty electrical transmission, distribution and on-site power generation equipment for applications in the utility, industrial, commercial and backup power markets. The Company operates through two segments: Transmission & Distribution Solutions (T&D Solutions) and Critical Power Solutions (Critical Power).
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