Power Solutions International, Inc. Reports Second Quarter 2015 Results
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Roth Capital Cuts Price Target on Power Solutions (PSIX) to $75 Following In-Line EPS
August 6, 2015 9:21 AM EDTRoth Capital maintained a Buy rating on Power Solutions (NASDAQ: PSIX), and cut the price target to $75.00 (from $90.00), following 2Q15 results. Power Solutions reported Revenue of $94.6m compared with $87.0m consensus. Adjusted EPS of $0.19 was in-line with consensus estimates.
Analyst Craig Irwin... More
Power Solutions (PSIX) Reports In-Line Q2 EPS
August 5, 2015 5:40 PM EDTPower 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... More
