Power Solutions (PSIX) Reports In-Line Q2 EPS

Power Solutions (NASDAQ: PSIX) reported Q2 EPS of $0.19, in-line with the analyst estimate of $0.19. Revenue for the quarter came in at $94.6 million versus the consensus estimate of $86.98 million.

"We delivered solid revenue and profit while integrating three acquisitions and battling headwinds in oil and gas, one of our core markets," said Gary Winemaster, Chairman and Chief Executive Officer. "We closed the Powertrain Integration acquisition in May, which is strategically important to us. As a result, we now have strong relationships with two major truck OEMs, and are designed in with two of the three major school bus manufacturers. We believe we are now well ahead of our competitors in pursuing the medium duty truck market, both here in the US and overseas."

For earnings history and earnings-related data on Power Solutions (PSIX) click here.

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