UPDATE: Profire Energy (PFIE) Posts Q4 Loss of 1c/Share; Guides FY16 Revenue Below Expectations

Go back to UPDATE: Profire Energy (PFIE) Posts Q4 Loss of 1c/Share; Guides FY16 Revenue Below Expectations

Chardan Capital Trims PT on Profire Energy (PFIE) to $1.80; FY16 Outlook 'Sharply' Lower than Expected

June 16, 2015 9:42 AM EDT

Chardan Capital lowers ts price target on Buy-rated Profire Energy (Nasdaq: PFIE) from $3.77 down to $1.80 following Q4 results and outlook.

Analyst James McIlree commented, Q4 revenue was $9.8 million, above our $7.8 million estimate, but gross margin was lower than expected. For the quarter Profire posted 48 percent overall gross margins, 52 percent for products and a negative 5 percent for... More

Maxim Group Downgrades Profire Energy (PFIE) to Hold

June 16, 2015 7:52 AM EDT

Maxim Group downgraded Profire Energy (NASDAQ: PFIE) from Buy to Hold and removed its price target (prior $3.00).

For an analyst ratings summary and ratings history on Profire Energy click here. For more ratings news on Profire Energy click here.

Shares of Profire Energy closed at $1.30 yesterday.

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Profire Energy (PFIE) halted with newws pending

June 15, 2015 4:05 PM EDT

Profire Energy (NASDAQ: PFIE) halted with newws pending.

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