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 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Pioneer Power Solutions (PPSI) triples Q4 revenue, projects 50% growth in 2023

Pioneer Power Solutions (PPSI) delivered robust financial results in Q4 2022 and full-year 2022, with a positive outlook for 2023. The company's strategic focus on growth areas like E-Bloc and E-Boost positions it well for continued success. Anticipated margin expansion and positive net income signal a promising future.

Pioneer Power Solutions (PPSI) reports record Q1 performance and eyes sustained growth in 2023

Pioneer Power Solutions (PPSI) delivered a strong Q1 2023 performance with record revenue and profit, driven by key solutions and market targeting. While facing rising expenses, the company remains optimistic about sustained growth and profitability in 2023.

Pioneer Power Solutions reports stellar Q2 performance and bullish outlook

Pioneer Power Solutions (PPSI) showcased exceptional financial performance in Q2 2023, driven by robust revenue growth and profitability across key segments.
The company's E-Boost business is poised for significant growth and market diversification, with promising opportunities in various industries and a positive outlook for future earnings.
Confidence in sustained growth, margin expansion, and positive net income underscores Pioneer's strong positioning for continued success and value creation for shareholders.

Pioneer Power Solutions reports record Q3 revenue and eyes growth

PPSI delivered robust Q3 results with record revenue, improved earnings, and strong financial metrics.
The company's focus on e-Boost products and market potential bode well for future growth.
Challenges include maintaining margins, competition, and balancing growth with efficiency.
Opportunities lie in expanding addressable markets, scaling e-Boost revenue, and strategic partnerships.

Pioneer Power Solutions reports robust Q4 results and unveils innovative products to meet demand

Pioneer Power Solutions delivered strong financial performance in Q4 2023, with notable revenue growth and a positive net income for the full year. The company's innovative product offerings, such as e-BLOC and e-BOOST, are driving new market opportunities and contributing to its growth trajectory. While facing quarter-to-quarter volatility, Pioneer Power Solutions remains focused on meeting customer demands and expanding its product portfolio.

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.

Pioneer Power Solutions (PPSI) excels in Q2 2024, eyes eMobility growth

Pioneer Power Solutions (PPSI) showcased a strong performance in Q2 2024, driven by the sale of PCEP and the growth of their Critical Power division. While facing challenges in various operational aspects, PPSI is well-positioned to capitalize on opportunities in eMobility and energy solutions markets.

Pioneer Power Solutions reports robust Q3 performance and eyes strategic expansion

Pioneer Power Solutions (PPSI) showcased strong financial performance in Q3 2024, driven by the success of the E-BOOST mobile charging platform and strategic business decisions.
While opportunities for growth through new product launches and potential M&A activities are promising, challenges in maintaining margins and sustaining revenue growth require careful navigation.
Overall, Pioneer's focus on optimizing operations, expanding product offerings, and capitalizing on market opportunities positions them well for future success in the e-mobility sector.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Pioneer Power Solutions, Inc. designs and manufactures electrical equipment. It operates through the Electrical Infrastructure Equipment (Electrical Infrastructure), and Critical Power Solutions segments (Critical Power). The Electrical Infrastructure 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.

Shares of Pioneer Power Solutions Inc. PPSI, +90.15% rocketed 82.5% on massive volume in midday trading Monday, enough to make them the biggest gainers on major U.S. exchanges, after the maker of on-site power generation equipment announced the launch of its E-Boost portfolio of mobile electric-vehicle charging products. Volume spiked to 155.2 million shares, compared with the full-day average over the past 30 days of about 146,230 shares, and making the stock the most actively traded on the Nasdaq.

Pioneer Power stock rockets on massive volume after introducing mobile EV charging products

The stock price of Pioneer Power Solutions, Inc. (NASDAQ: PPSI) increased by over 108% during intraday trading. This is why it happened.

Pioneer Power Solutions (PPSI) Stock: Why The Price Surged

FORT LEE, N.J., Nov. 8, 2021 /PRNewswire/ -- Pioneer Power Solutions, Inc. (Nasdaq: PPSI) ("Pioneer Power" or the "Company"), a leader in the design, manufacture and distribution of on-site power equipment, distributed generation and Energy infrastructure, today announced the launch of its E-Boost© portfolio of mobile Electric Vehicle (EV) charging solutions for a full range of applications.

FORT LEE, N.J.--(BUSINESS WIRE)--Pioneer Power Solutions, Inc. (Nasdaq: PPSI) ("Pioneer Power" or the "Company"), a leader in the design and manufacturing of distributed generation and EV charging infrastructure as well as electrical distribution and on-site power generation equipment, today announced that management will host a conference call on Tuesday, November 16, 2021 at 4:30 p.m. Eastern Time to discuss Pioneer's 2021 third quarter financial results with the investment community. Anyone

Pioneer Power to Host Third Quarter Financial Results Conference Call on Tuesday, November 16, 2021 at 4:30 p.m. ET

FORT LEE, N.J., Oct. 28, 2021 /PRNewswire/ -- Pioneer Power Solutions, Inc. (Nasdaq: PPSI) ("Pioneer Power" or the "Company"), a company engaged in the manufacture, sale and service of electrical infrastructure systems, today announced that in the past 14 days it has received multiple orders totaling more than $1.0 million, in aggregate, for its E-Bloc distributed generation solutions from customers across a number of vertical markets.

Pioneer Power Receives Purchase Orders Totaling More than $1 Million for Distributed Generation Solutions

FORT LEE, N.J.--(BUSINESS WIRE)--Pioneer Power Solutions, Inc. (Nasdaq: PPSI) ("Pioneer Power" or the "Company"), a leader in the design and manufacturing of distributed generation and EV charging infrastructure as well as electrical distribution and on-site power generation equipment, today announced that its newly introduced E-Bloc integrated power center product will be utilized in Southern California Gas Company's (“SoCalGas”) H2 Hydrogen Home prototype. The one-time order is valued at appr

Pioneer Power to Provide E-Bloc for Southern California Gas Company's H2 Hydrogen Home

FORT LEE, N.J.--(BUSINESS WIRE)--As previously announced on June 2, 2021, Pioneer Power Solutions, Inc. (Nasdaq: PPSI) ("Pioneer Power" or the "Company"), a company engaged in the manufacture, sale and service of electrical transmission, distribution and on-site power generation equipment, confirms that on June 1, 2021, its Board of Directors declared a one-time special cash dividend of $0.12 per common share. The dividend will be paid on July 7, 2021 to shareholders of record as of June 22, 20

Pioneer Power Confirms Date of Previously Announced One-Time Cash Dividend

FORT LEE, N.J.--(BUSINESS WIRE)--Pioneer Power Solutions, Inc. (Nasdaq: PPSI) ("Pioneer Power" or the "Company"), a company engaged in the manufacture, sale and service of electrical transmission, distribution and on-site power generation equipment, is set to join the Russell Microcap® Index at the conclusion of the 2021 Russell indexes annual reconstitution effective after the US market opens on June 28, according to a preliminary list of additions posted June 4. Membership in the Russell Micr

Pioneer Power Set to Join Russell Microcap® Index

CleanSpark

Cleanspark Inc (NASDAQ: CLSK) has extended its contract manufacturing agreement with Pioneer Power Solutions, Inc (NASDAQ: PPSI). Pioneer Power can utilize Cleanspark's proprietary software products, including mPulse and GridFabric's OpenADR solutions under the arrangement.

Cleanspark, Pioneer Power Expand Contract Manufacturing Partnership; Cleanspark Becomes Think Microgrid Member

FORT LEE, N.J.--(BUSINESS WIRE)--Pioneer Power Solutions, Inc. (Nasdaq: PPSI) ("Pioneer Power" or the "Company"), a company engaged in the manufacture, sale and service of electrical transmission, distribution and on-site power generation equipment, today announced that it has extended and expanded its agreement with CleanSpark, Inc. (Nasdaq: CLSK) (“CleanSpark”). The Company also announced that it has launched a new integrated power systems solution, PowerBloc1, to address customer needs in th

Pioneer Power Introduces PowerBloc in Response to Industry Demand

FORT LEE, N.J., April 14, 2021 /PRNewswire/ -- Pioneer Power Solutions, Inc. (Nasdaq: PPSI) ("Pioneer Power" or the "Company"), a company engaged in the manufacture, sale and service of electrical transmission, distribution and on-site power generation equipment, today announced that it is increasing its product footprint with one of the world's largest mass-market retailers with a new equipment order valued at approximately $1.1 million.

Pioneer Power Reveals Burgeoning Backlog with New Order in Excess of $1 Million for Distributed Generation

FORT LEE, N.J.--(BUSINESS WIRE)--Pioneer Power Solutions, Inc. (Nasdaq: PPSI) ("Pioneer Power" or the "Company"), a company engaged in the manufacture, sale and service of electrical transmission, distribution and on-site power generation equipment, today announced that it has been awarded a $1.4 million equipment order for its distributed generation equipment from CleanSpark, Inc. (Nasdaq: CLSK), Pioneer Power's channel partner. This order represents equipment for additional store locations fo

Pioneer Power Announces New $1.4 Million Distributed Generation Order

FORT LEE, N.J.--(BUSINESS WIRE)--Pioneer Power Solutions, Inc. (Nasdaq: PPSI) ("Pioneer Power" or the "Company"), a company engaged in the manufacture, sale and service of electrical transmission, distribution and on-site power generation equipment, today announced that it has been awarded an additional group of locations by one of the largest home improvement retailers in the U.S. as part of the previously announced service contract for preventative maintenance and repairs at the retailer's st

Pioneer Power Awarded Additional Locations by Large Home Improvement Retailer

FORT LEE, N.J.--(BUSINESS WIRE)--Pioneer Power Solutions, Inc. (Nasdaq: PPSI) ("Pioneer Power" or the "Company"), a company engaged in the manufacture, sale and service of electrical transmission, distribution and on-site power generation equipment, today announced that it has been awarded an initial service contract for preventative maintenance and repairs by one of the largest home improvement retailers in the U.S. The Company will provide scheduled generator preventative maintenance and emer

Pioneer Power Awarded New Service Agreement with Large Home Improvement Retailer

Pioneer Power Solutions (PPSI) news for Friday about it reaching a settlement in a court case has PPSI stock on the rise. The post Pioneer Power Solutions News: Why PPSI Stock Is Soaring Today appeared first on InvestorPlace.

Pioneer Power Solutions News: Why PPSI Stock Is Soaring Today

FORT LEE, N.J., Dec. 4, 2020 /PRNewswire/ -- Pioneer Power Solutions, Inc. (Nasdaq: PPSI) ("Pioneer Power" or the "Company"), a company engaged in the manufacture, sale and service of electrical transmission, distribution and on-site power generation equipment, today announced that it has...

Pioneer Power Announces Conclusive Settlement with Myers Power Products

Pioneer Power (PPSI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

News for Pioneer Power Solutions Stock (PPSI)