Pioneer Power (PPSI) Misses Q4 EPS by 32c, FY15 Guidance Mixed

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Go back to Pioneer Power (PPSI) Misses Q4 EPS by 32c, FY15 Guidance Mixed

Pioneer Announces Fourth Quarter and Full Year 2014 Financial Results

March 31, 2015 4:01 PM EDT

FORT LEE, N.J., March 31, 2015 /PRNewswire/ -- Pioneer Power Solutions, Inc. (Nasdaq: PPSI) ("Pioneer" or the "Company"), a company engaged in the manufacture, sale and service of electrical transmission, distribution and on-site power generation equipment, announced its results for the fourth quarter and full-year periods ended December 31, 2014.

Nathan Mazurek, Pioneer's Chairman and Chief Executive Officer, said, "We expanded rapidly during 2014 with the acquisition of Titan Energy Systems at the end of the fourth quarter, following on the heels of the two acquisitions we completed in 2013. Despite significant... More