Power Solutions International Announces Record Second Quarter 2024 Financial Results [Financial Post (Toronto, Ontario, Canada)]
POWER SOLUTIONS INTL INC (PSIX)
US:NASDAQ Investor Relations:
investors.psiengines.com
Company Research
Source: Financial Post
Net Income was $21.5 million, an increase of 236% from a year earlier, Gross Margin was 31.8%, an increase of 9.7% from a year earlier, EPS were , an increase of from a year earlier, Debt decreased $5.0 million, Shareholder Equity increased to $24.8 million. WOOD DALE, Ill., Aug. 12, 2024 (GLOBE NEWSWIRE) — Power Solutions International, Inc. (the “Company” or “PSI”) (OTC Pink: PSIX), a leader in the design, engineering and manufacture of emission-certified engines and power systems, announces second quarter 2024 financial results. Second Quarter 2024 Results Today, Power Solutions International, Inc., reported record profit for the three months ended June 30, 2024, with net income of $21.5 million and diluted earnings per share of $0.94, compared to net income of $6.4 million and diluted earnings per share of $0.28 for the second quarter of 2023. Dino Xykis, Chief Executive Officer, commented, “I am pleased to report that in the second quarter, we achieved record
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News
- Improving Margins Are The Driving Force For Power Solutions International's Stock [Seeking Alpha]Seeking Alpha
- Power Solutions International Announces New Credit Agreement with Standard Chartered Bank and New Shareholder Loan Agreement with Weichai America [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Power Solutions International Announces New Credit Agreement with Standard Chartered Bank and New Shareholder Loan Agreement with Weichai AmericaGlobeNewswire
- Power Solutions: Uncertain Revival [Seeking Alpha]Seeking Alpha
- Power Solutions International, Inc. (OTCMKTS: PSIX) had its price target raised by analysts at Craig Hallum from $10.00 to $22.00. They now have a "buy" rating on the stock.MarketBeat
PSIX
Sec Filings
- 9/26/24 - Form 4
- 9/24/24 - Form 4
- 9/10/24 - Form 4
- PSIX's page on the SEC website