Power Solutions International Announces Third Quarter 2024 Financial Results
POWER SOLUTIONS INTL INC (PSIX)
US:NASDAQ Investor Relations:
investors.psiengines.com
Company Research
Source: GlobeNewswire
Net Income of $17.3 million, up 122% from a year earlier, Gross Margin of 28.9%, up 4.8% from a year earlier, Diluted Earnings Per Share of $0.75, up $0.41 from a year earlier, Shareholders’ Equity of $42.1 million, up $46.0 million from December 2023 WOOD DALE, Ill., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Power Solutions International, Inc. (the “Company” or “PSI”) (OTC Pink: PSIX), a leader in the design, engineering and manufacture of emission-certified engines and power systems, reported its financial results for the third quarter 2024. Financial Highlights ($ in millions, except per share amounts)Quarter Ended September 30, 2024September 30, 2023ChangeNet sales$125.8$115.99%Gross Profit$36.4$27.931%Net Income$17.3$7.8122%Diluted Earnings per Share$0.75$0.34$0.41 Today, Power Solutions International, Inc., reported strong profit for the three months ended September 30, 2024, with net income of $17.3 million and diluted earnings per share of $0.75, compared to net income of $7.8
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News
- Power Solutions International to Participate in the 15th Annual Craig-Hallum Alpha Select Conference [Yahoo! Finance]Yahoo! Finance
- Power Solutions International to Participate in the 15th Annual Craig-Hallum Alpha Select ConferenceGlobeNewswire
- Power Solutions International, Inc. (OTCMKTS: PSIX) had its price target raised by analysts at Craig Hallum from $22.00 to $37.00. They now have a "buy" rating on the stock.MarketBeat
- Power Solutions International Announces Third Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- Power Solutions International's Products Featured at TCI 2024 [Yahoo! Finance]Yahoo! Finance
PSIX
Sec Filings
- 11/7/24 - Form 8-K
- 11/7/24 - Form 10-Q
- 11/7/24 - Form 4
- PSIX's page on the SEC website