Pioneer Power Solutions

Pioneer Power Solutions, Inc. designs and manufactures electrical equipment. The firm also engages in integration, refurbishment, service and distribution of electric power systems, distributed energy resources, used and new power generation equipment and mobile EV charging solutions for applications in the utility, industrial and commercial markets. It operates through the Transmission & Distribution Solutions (T&D Solutions), and Critical Power Solutions segments (Critical Power). The Transmission & Distribution Solutions segment offers equipment solutions that help customers effectively and efficiently manage their electrical power distribution systems to desired specifications. The Critical Power Solutions segment performs service on its customer's power generation equipment and also provides customers with new and used power generation equipment intended to ensure smooth, uninterrupted power to operations during times of emergency. The company was founded on September 16, 2008 and is headquartered in Fort Lee, NJ.

Earnings data Q1 2024

Pioneer Power projects 50% revenue growth in 2023

Pioneer Power's Q1 2023 results reflect strong revenue growth and improved profitability. The company's focus on E-Bloc and E-Boost solutions is driving market demand, although increased SG&A expenses pose challenges. With a healthy cash position and a backlog of significant projects, the company is well-positioned for future growth.

PPSI reports record revenue growth and strong demand for E-Bloc and E-Boost solutions

PPSI's Q2 2023 earnings call showcased remarkable revenue growth, improved margins, and positive EBITDA. The company's E-Bloc and E-Boost solutions are gaining traction across various industries, with expectations for continued growth and margin expansion in the second half of 2023.

PPSI reports record Q3 revenue and anticipates quadrupling e-Boost revenue

PPSI's Q3 performance reflects remarkable growth, driven by strong revenue and profit margins. The company's innovative products are gaining traction, and its solid financial position provides a strong foundation for future growth. While challenges exist, PPSI is well-positioned to capitalize on the energy transition era and expects significant revenue growth in 2024.

PPSI reports robust 2023 performance, anticipates growth through innovative products

PPSI's strong performance in 2023, backed by significant revenue growth and positive net income, sets a solid foundation for the company's growth trajectory. The introduction of new products and the notable demand for existing offerings position PPSI well for continued success. While challenges in managing increased demand and aligning investments exist, the company's focus on innovation and market opportunities bode well for its future.

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Pioneer Power Solutions, Inc. designs and manufactures electrical equipment. It operates through the Transmission and Distribution Solutions (T and D Solutions), and Critical Power Solutions segments (Critical Power). The T and D Solutions segment offers equipment solutions that help customers manage their electrical power distribution systems to desired specifications. The Critical Power segment performs service on its customer's power generation equipment. The company was founded on September 16, 2008 and is headquartered in Fort Lee, NJ.

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 that on April 18, 2024, the Company received a delinquency notification letter from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) indicating th.

Pioneer Receives Nasdaq Notification of Non-Compliance Related to Delayed Annual Report on Form 10-K

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Pioneer Power Solutions, Inc. (PPSI) Q4 2023 Earnings Call Transcript

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.

Pioneer Achieves 51% Year-Over-Year Increase in Revenue, Reaching $40.8 Million

FORT LEE, N.J.--(BUSINESS WIRE)--Pioneer Power Solutions, Inc. (Nasdaq: PPSI) (“Pioneer”, “Pioneer Power” or the “Company”), a leader in the design, manufacture, service, and integration of electrical power systems, power generation equipment and mobile electric vehicle (“EV”) charging solutions, today announced that it is launching its first residential platform, HOMe-Boost, to address the ever increasing demand for reliable and fast EV charging for homeowners. Pioneer's platform is the result.

Pioneer Power Enters $2.4 Billion Residential Power and EV Charging Market with HOMe-Boost, an Integrated Distributed Generation and EV Charging Product for U.S. Homeowners

FORT LEE, N.J.--(BUSINESS WIRE)--Pioneer Power Solutions, Inc. (Nasdaq: PPSI) ("Pioneer"), 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 that management will host a conference call on Monday, April 1, 2024 at 5:00 p.m. Eastern Time to discuss Pioneer's 2023 fourth quarter and year-end financial results with the investment com.

Pioneer Power to Host 2023 Fourth Quarter and Year-End Financial Results Conference Call on Monday, April 1, 2024 at 5:00 p.m. ET

The company is inflecting into profitability with 2 fast-growing products. Annualized 2024 P/E multiple could be less than 5x, while comps are trading at more than 30x. Company enjoys tailwinds from the EV and AI macro trends.

Under The Radar Power-Grid Play Trading At A Funny Valuation

Pioneer Power: A Compelling Investment Opportunity In The Electrification Of Everything

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 that it has launched its new E-Bloc Charge Port series and immediately received initial purchase orders valued at more than $2 million dollars. The Company expects to delive.

Pioneer Power Launches New Modular, E-Bloc Charge Port Series and Immediately Books Initial Orders Valued at More Than $2 Million

FORT LEE, N.J. & WATERBURY, Vt.--(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 that it is launching its first zero-emission platforms. Developed in partnership with NOMAD Transportable Power Solutions, Inc. (NOMAD), the leading domesti.

Pioneer Power Partners with NOMAD Transportable Power Systems to Launch New Zero-Emission, Mobile EV Charging Platform and Re-charging Solutions

FORT LEE, N.J.--(BUSINESS WIRE)--Pioneer Power Solutions, Inc. (Nasdaq: PPSI) (“Pioneer”, “Pioneer Power” 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 that it has received four new orders, as further described below, valued in excess of $10 million in the aggregate for its e-Bloc and related products. The.

Pioneer Power Announces e-Bloc and Related Product Orders in Excess of $10 Million

FORT LEE, N.J.--(BUSINESS WIRE)--Pioneer Power Solutions, Inc. (Nasdaq: PPSI) (“Pioneer”, “Pioneer Power” 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 that it has received three new orders valued at $3.1 million in the aggregate for its e-Boost mobile electric charging solutions. With these orders and the.

Pioneer Power Announces e-Boost Orders Totaling $3.1 Million

Golar LNG

First Low Carbon Flare Gas Technology-Powered Order Significantly Expands e-Boost Installation in South Central Region; Will Support MACAW's Low Carbon LNG to Ultra High-Speed EV Charging In Texas FORT LEE, N.J. , Nov. 17, 2023 /PRNewswire/ -- Pioneer Power Solutions, Inc. (Nasdaq: PPSI) ("Pioneer", "Pioneer Power" 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 charging solutions, today announced that it will provide an e-Boost electric vehicle ("EV") charging solution to MACAW Energies, an integrated company that will power the system with its low-carbon liquefied natural gas ("LNG") produced with natural gas that otherwise would be flared or wasted.

Pioneer to Provide e-Boost Solution to Launch MACAW Energies' Low Carbon LNG to EV Charging in Texas

Pioneer Power Solutions, Inc. (NASDAQ:PPSI ) Q3 2023 Earnings Conference Call November 15, 2023 9:00 AM ET Company Participants Brett Maas - Hayden IR Nathan Mazurek - President, CEO & Chairman Walter Michalec - CFO, Treasurer & Secretary Geo Murickan - President of Pioneer's eMobility business Conference Call Participants Amit Dayal - H.C. Wainwright Albert Jones - Jones Capital Management Operator Greetings and welcome to the Pioneer's 2023 Third Quarter Financial Results.

Pioneer Power Solutions, Inc. (PPSI) Q3 2023 Earnings Call Transcript

Management Reiterates Guidance of Full Year Revenue of $42 to $45 Million, Full year positive EPS; Company Maintains $33.6 Million Backlog after Record Revenue Quarter FORT LEE, N.J. , Nov. 14, 2023 /PRNewswire/ -- 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 provided a business update and announced financial results for the third quarter and nine months ended September 30, 2023.

Pioneer's Third Quarter Revenue Increases 99.1% to a Record $12.4 Million; Grows Profitability to $0.10 in Quarterly EPS

FORT LEE, N.J. , Nov. 2, 2023 /PRNewswire/ -- Pioneer Power Solutions, Inc. (Nasdaq: PPSI) ("Pioneer"),  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 that management will host a conference call on Wednesday, November 15, 2023 at 9:00 a.m.

Pioneer Power to Host Third Quarter Financial Results Conference Call on Wednesday, November 15, 2023 at 9:00 a.m. ET

Additional Purchase Orders from a Variety of Customers for Diverse Use-Cases including Electric Vehicle Supercharging Stations, Demonstrating Broad-Based Adoption of Pioneer's Unique Distributed Generation Solution FORT LEE, N.J. , Sept. 5, 2023 /PRNewswire/ -- Pioneer Power Solutions, Inc. (Nasdaq: PPSI) ("Pioneer", "Pioneer Power" 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 that it has received purchase orders for $7 million during the month of August for its E-Bloc distributed generation solution and other related custom control and protection equipment.

Pioneer Power's Momentum Continues, Winning $7 Million in E-Bloc and Other Related Equipment Orders during August, Supporting Increased Growth Expectations for 2024

FORT LEE, N.J. , Aug. 31, 2023 /PRNewswire/ -- Pioneer Power Solutions, Inc. (Nasdaq: PPSI) ("Pioneer", "Pioneer Power" 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 that Nathan Mazurek, Pioneer's Chairman and Chief Executive Officer will be presenting at upcoming conferences in September.

Pioneer Power to Participate at Upcoming Conferences in September

Pioneer Power Solutions, Inc. (NASDAQ:PPSI ) Q2 2023 Earnings Call Transcript August 14, 2023 5:00 PM ET Company Participants Kim Rogers - Hayden IR Nathan Mazurek - President, CEO & Chairman Walter Michalec - CFO, Treasurer & Secretary Conference Call Participants Sameer Joshi - H. C. Wainwright David Kreinberg - Globus Capital Operator Good afternoon and welcome to the Pioneer Power Solutions 2023 Second Quarter Financial Results Conference Call.

Pioneer Power Solutions, Inc. (PPSI) Q2 2023 Earnings Call Transcript

Management Reiterates Guidance of Full Year Revenue of $42 to $45 Million, Full year positive EPS; Company Maintains $33.6 Million Backlog FORT LEE, N.J. , Aug. 14, 2023 /PRNewswire/ -- Pioneer Power Solutions, Inc. (Nasdaq: PPSI) ("Pioneer", "Pioneer Power" 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 provided a business update and announced financial results for the second quarter and six months ended June 30, 2023.

Pioneer Power Increases Revenue 149% during the Second Quarter to a Record $12.1 Million; Gross Profit Increases to $2.7 Million, Achieving a 22% Gross Margin

First Order from Municipality to Service Public Transportation Sector FORT LEE, N.J., Aug. 9, 2023 /PRNewswire/ -- Pioneer Power Solutions, Inc. (Nasdaq: PPSI) ("Pioneer", "Pioneer Power" 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 that it has received an initial order from the City of Fairfield, California, through AssetWorks, a leading supplier of fleet management software, automated fueling systems and EV charge management software, for one e-Boost trailer-mounted unit to service the electric portion of Fairfield's public bus fleet.

Pioneer Power's e-Boost to Support Fairfield, California's Municipal Electric Bus Fleet

Multi-Million Dollar Order Significantly Expands E-Bloc Backlog; Will Support Its Full-Service, Ultra High-Speed Charging Locations in California FORT LEE, N.J. , Aug. 7, 2023 /PRNewswire/ -- Pioneer Power Solutions, Inc. (Nasdaq: PPSI) ("Pioneer Power" 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 that it will provide an E-Bloc system and other related custom control and protection equipment to Rove, a full-service charging center operator in Southern California on a mission to make charging EVs fast, safe, and reliable.

Pioneer Power to Provide E-Bloc Solution to Support Rove Full-Service EV Charging Centers in California

FORT LEE, N.J., Aug. 3, 2023 /PRNewswire/ -- Pioneer Power Solutions, Inc. (Nasdaq: PPSI) ("Pioneer"), 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 that management will host a conference call on Monday, August 14, 2023 at 5:00 p.m.

Pioneer Power to Host Second Quarter Financial Results Conference Call on Monday, August 14, 2023 at 5:00 p.m. ET

Pioneer Power Solutions, Inc. (PPSI) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Strength Seen in Pioneer Power Solutions, Inc. (PPSI): Can Its 9.5% Jump Turn into More Strength?

Wins from Major Aviation and Solar Customers Support Expectations of At Least 50% Year-Over-Year Revenue Growth for 2023 FORT LEE, N.J., July 13, 2023 /PRNewswire/ -- Pioneer Power Solutions, Inc. (Nasdaq: PPSI) ("Pioneer Power" 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 that it has won approximately $6.2 million in E-Bloc orders from several new customers, for new use-cases during the second quarter.

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