Power Solutions (NASDAQ: PSIX) reported Q1 EPS of $0.20, $0.01 better than the analyst estimate of $0.19. Revenue for the quarter came in at $86.1 million versus the consensus estimate of $81.8 million.

Second Quarter and Full Year 2015 Outlook

The Company raised its outlook for full-year 2015 sales growth to reflect the Powertrain Integration and Buck's acquisitions. PSI now expects sales to be in the range of $500 to $520 million. The Company re-affirmed previously issued 2016 guidance for sales in the range of $630 to $670 million.

Due to moderating sales growth into the oil and gas end market, the Company expects second quarter 2015 revenue to grow modestly compared to second quarter 2014, and to be in a range similar to first quarter 2015.

The Company cautions that its 2015 outlook reflects its current assessment of a number of factors, including, but not limited to, the closing of the Powertrain Integrations acquisition, the timing of new products, oil and gas pricing and the impact of global economic conditions on demand growth in its current markets. Please see the "Cautionary Note Regarding Forward-Looking Statements" below for additional risk factors.

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