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Profire Energy Inc - PFIE STOCK NEWS

Welcome to our dedicated news page for Profire Energy (Ticker: PFIE), a resource for investors and traders seeking the latest updates and insights on Profire Energy.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Profire Energy's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Profire Energy's position in the market.

Rhea-AI Summary
Profire Energy, Inc. (NASDAQ: PFIE) has scheduled its first quarter 2024 earnings call for Thursday, May 9, 2024, at 8:30 a.m. ET. Co-CEO and CFO Ryan Oviatt and Co-CEO Cameron Tidball will host the presentation, followed by a question-and-answer period. The financial results for the first quarter are expected to be filed with the Securities and Exchange Commission and reported in a press release prior to the conference call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.07%
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Rhea-AI Summary
Profire Energy, Inc. (PFIE) reported record full-year revenue, net income, and EBITDA for fiscal year 2023. The company's revenue increased by 27% to $58.2 million, with a gross profit of $30.5 million. Net income was $10.8 million, generating EBITDA of $13.2 million. PFIE repurchased 1.2 million shares of stock for $2 million and maintained a debt-free status. The company's solid balance sheet allowed for strategic investments and shareholder value enhancement.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.17%
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Rhea-AI Summary
Profire Energy, Inc. (PFIE) will hold a conference call on March 14, 2024, to discuss its 2023 fourth quarter and full fiscal year results. Co-CEO and CFO Ryan Oviatt and Co-CEO Cameron Tidball will host the presentation. The call will be webcast live and available for replay for one year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.69%
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Rhea-AI Summary
Profire Energy, Inc. (NASDAQ: PFIE) announced that its Co-CEO and CFO, Ryan Oviatt, and Co-CEO Cameron Tidball, will present at the Southwest IDEAS Investor Conference on November 16, 2023. The presentation will focus on the company's solutions for industrial combustion appliances and will be webcast on www.IDEASconferences.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.39%
Tags
conferences
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Rhea-AI Summary
Profire Energy, Inc. (NASDAQ: PFIE) reports best nine-month revenue in company history, with a 37% increase to $43.8 million. Gross margin also increased by 470 basis points, reaching 51.9%. The company also achieved a net income of $7.5 million, or $0.15 per diluted share, compared to $2.1 million and $0.04 in the prior-year period. EBITDA reached $10.1 million, up from $4.0 million. The positive financial results reflect the company's consistent growth and financial strength.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.39%
Tags
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Rhea-AI Summary
Profire Energy, Inc. will hold a conference call on November 9, 2023, to discuss its 2023 third-quarter results. Co-CEOs Ryan Oviatt and Cameron Tidball will host the presentation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.57%
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Rhea-AI Summary
Profire Energy to present at Dawson James Small Cap Growth Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.05%
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conferences
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Rhea-AI Summary
Profire Energy reports best six-month revenue and net income in company history. Revenue of $14.4 million, a 50% increase. Gross profit of $7.4 million, a 68% increase. Net income of $2.9 million. Generated EBITDA of $3.7 million. Cash and investments of $17.4 million with no debt. Began repurchasing shares under $2 million share repurchase program.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.25%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.76%
Tags
Rhea-AI Summary
Profire Energy reports second-highest quarterly revenue and best-ever net income in company history. The company also announces a $2M share repurchase program.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
15.79%
Tags
Profire Energy Inc

Nasdaq:PFIE

PFIE Rankings

PFIE Stock Data

87.12M
32.62M
25.43%
45.67%
1.64%
Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use
Manufacturing
Link
United States
Lindon

About PFIE

profire energy assists energy production companies in the safe and efficient transportation, refinement and production of oil and natural gas. as energy companies seek greater safety for their employees, compliance with more stringent epa standards and enhanced margins with their energy production processes, profire energy's burner management systems are increasingly becoming part of their solution. profire, headquartered in lindon, utah, also has offices in houston, texas, and edmonton, alberta, canada. to learn more about the company's products and services, please visit www.profireenergy.com.