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-0.0246153846153845 -0.0246153846153845 -0.0246153846153845 -0.0446153846153846 -0.023076923076923 0.0123076923076925 0.00432307692307696 0.00846153846153856
Stock impact report

Pioneer Power Reports Financial Results for Third Quarter 2024 [Yahoo! Finance]

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: Yahoo! Finance
Guides to $27 Million to $29 Million of Revenue for 2025 FORT LEE, N.J., November 14, 2024 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 Company's Board of Directors declared a one-time special cash dividend of $1.50 per share Show less Read more
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