Pioneer Power (PPSI) Misses Q2 EPS by 10c

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Go back to Pioneer Power (PPSI) Misses Q2 EPS by 10c

Pioneer Announces Second Quarter Financial Results

August 12, 2015 4:01 PM EDT

FORT LEE, N.J., Aug. 12, 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, today announced its results for the second quarter and year-to-date periods ended June 30, 2015.

Nathan Mazurek, Pioneer's Chairman and Chief Executive Officer, said, "We have and are taking decisive actions to return the Company to an acceptable level of profitability and in line with our potential. Revenues are not at issue for us, having grown 31.9% on... More