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0.0920353982300884 0.0955752212389381 0.106194690265487 0.150442477876106 0.138053097345133 0.155752212389381 0.169079646017699 0.16283185840708
Stock impact report

Pioneer Power Reports Financial Results for Third Quarter 2024

Pioneer Power Solutions, Inc. (PPSI) 
Last pioneer power solutions, inc. earnings: 3/28 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: pioneerpowersolutions.com/investors
Company Research Source: Business Wire
Critical Power Business Segment Revenue Up 130%Declares One-time Special Cash Dividend of $1.50 per shareGuides to $27 Million to $29 Million of Revenue for 2025 FORT LEE, N.J.--(BUSINESS WIRE)--Pioneer Power Solutions, Inc. (Nasdaq: PPSI) (“Pioneer” or the “Company”), a leader in the design, manufacture, and service of distributed energy resources, power generation equipment and mobile electric vehicle (“EV”) charging solutions, today provided a business update and announced unaudited financial results for the quarter ended September 30, 2024.On October 29, 2024, the Company announced that it had sold its Pioneer Custom Electrical Products, LLC (“PCEP”) business unit to Mill Point Capital LLC (“Mill Point”), a middle-market private equity firm located in New York City, for $50 million in a cash and equity transaction. Consequently, the Company is now solely focused on the growth and profitability of its Critical Power and eMobility business.Also, as a result of the sale, the Compa Show less Read more
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