Power Solutions (PSIX) Tops Q2 EPS by 36c ; Provides Outlook

Power Solutions (OTC: PSIX) reported Q2 EPS of $0.72, $0.36 better than the analyst estimate of $0.36. Revenue for the quarter came in at $110.59 million versus the consensus estimate of $114.1 million.

Outlook for 2024

The Company expects its sales in 2024 to increase by approximately 3% versus 2023 levels, a result of expectations for strong growth in the power systems end market paired with flat sales in the industrial end market and a forecasted reduction in the transportation end markets.

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

You May Also Be Interested In

• Important Notice to Long-Term Shareholders of Erasca, Inc. (NASDAQ: ERAS); Insulet Corporation (NASDAQ: PODD); Power Solutions International, Inc. (NASDAQ: PSIX); and PROCEPT BioRobotics Corporation (
• Integra Resources (ITRG) Tops Q2 EPS by 6c
• Mount Logan Capital Inc. (MLCI) Reports Q2 Loss of $0.37