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Pioneer Power Solutions, Inc. - $PPSI STOCK NEWS

Welcome to our dedicated page for Pioneer Power Solutions news (Ticker: $PPSI), a resource for investors and traders seeking the latest updates and insights on Pioneer Power Solutions stock.

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 Pioneer Power Solutions'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 Pioneer Power Solutions's position in the market.

News
Pioneer Power to Host Third Quarter Financial Results Conference Call on Wednesday, November 15, 2023 at 9:00 a.m. ET
Rhea-AI Summary
Pioneer Power Solutions, Inc. will host a conference call on November 15, 2023, to discuss its 2023 third quarter financial results. The company will release the results on November 14th after the market close. The call will be accessible via phone and webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.67%
Tags
conferences earnings
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News
Pioneer Power's Momentum Continues, Winning $7 Million in E-Bloc and Other Related Equipment Orders during August, Supporting Increased Growth Expectations for 2024
Rhea-AI Summary
Pioneer Power Solutions, Inc. has received purchase orders worth $7 million for its E-Bloc distributed generation solution and related equipment. The orders are from various customers and cover diverse use-cases, including electric vehicle supercharging stations. Delivery is scheduled to start in Q2 2024, with the majority of revenue recognized in the second half of 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.2%
Tags
none
-
News
Pioneer Power to Participate at Upcoming Conferences in September
Rhea-AI Summary
Pioneer Power Solutions, Inc. announces upcoming conference presentations and meetings.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.24%
Tags
conferences
News
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
Rhea-AI Summary
Pioneer Power Solutions reiterates full year revenue guidance of $42-45 million and positive EPS; Q2 revenue increased 149% to $12.1 million; Q2 gross profit was $2.7 million with a 22.4% margin; Q2 net loss was $319,000; Cash on hand at June 30, 2023, was $9.6 million; Management expects at least 50% revenue growth in 2023 and positive earnings per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.32%
Tags
none
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News
Pioneer Power's e-Boost to Support Fairfield, California's Municipal Electric Bus Fleet
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.11%
Tags
none
-
News
Pioneer Power to Provide E-Bloc Solution to Support Rove Full-Service EV Charging Centers in California
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.27%
Tags
none
News
Pioneer Power to Host Second Quarter Financial Results Conference Call on Monday, August 14, 2023 at 5:00 p.m. ET
Rhea-AI Summary
Pioneer Power Solutions, Inc. will host a conference call on August 14, 2023, to discuss their second quarter financial results. The call will be accessible via phone and webcast. A replay will be available until August 21, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.22%
Tags
conferences earnings
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News
Pioneer Power Wins $6.2 Million in E-Bloc Orders from New Customers to Support EV Charging and Microgrid Applications
Rhea-AI Summary
Pioneer Power Solutions, Inc. has won approximately $6.2 million in E-Bloc orders from major aviation and solar customers during the second quarter. A global aerospace company will use Pioneer Power's E-Bloc solution to support its maintenance facility, while three solar-centric developers will utilize E-Bloc for microgrids and supplemental solar power for EV charging. These wins support the expectation of at least 50% year-over-year revenue growth for 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.52%
Tags
none
-
News
Pioneer Power's e-Boost Mobile Solution Selected by Major Automaker to Support Multi-City Autonomous Electric Vehicle Rollout
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.07%
Tags
none
News
Pioneer Power Revenue Increases 34% to $8.5 Million from Prior Year Quarter; Company Reports Earnings Per Share of $0.01
Rhea-AI Summary
Pioneer Power Solutions, Inc. (Nasdaq: PPSI) reported a 34% increase in first quarter revenue to $8.5 million. The company's total backlog at March 31, 2023, was $37.0 million, up 57% compared to the previous year. Gross profit increased significantly to $2.2 million, with a 26.0% gross margin. Operating income improved to $55,000, compared to an operating loss of $823,000 in the same period last year. Net income was $122,000, compared to a net loss of $740,000 in the first quarter of 2022. The company expects total revenue of $42 to $45 million for the full year 2023, representing at least 50% growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.78%
Tags
earnings
Stock PPSI logo
Pioneer Power Solutions, Inc.

Nasdaq:PPSI

PPSI Rankings

#4898 Ranked by Market Cap
#179 Ranked by Stock Gains
N/A Ranked by Dividends

PPSI Stock Data

38.13M
7.77M
23.03%
10.95%
0.51%
Power, Distribution, and Specialty Transformer Manufacturing
Manufacturing
Link
United States of America
FORT LEE

About PPSI

pioneer power solutions, inc. is an industry leader in the design and manufacture of electrical equipment for customers in the north american utility, industrial, commercial, oem and critical power markets. our product portfolio includes a wide range of liquid-filled and dry-type power, distribution and specialty electrical transformers, magnetic products used in the control and conditioning of electrical current for critical processes. recently, we increased our capabilities to include specialized forms of switchgear and controls that protect facilities against power outages and can manage the generation and distribution of electricity in concert with the power grid. through our business units, we pride ourselves in a 95+ year tradition of meeting the highest standards for design technology, product quality, durability and on-time delivery in a demanding and rapidly changing marketplace. while we manufacture many types of transmission and distribution equipment for general purpose app