Piper Jaffray Cuts Price Target on Power Solutions (PSIX) Following 4Q Results and Guide-Down

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Power Solutions International, Inc. Reports Fourth Quarter and Full Year 2015 Results

February 22, 2016 4:29 PM EST

Fourth Quarter Net Sales of $96,670,000Net Income of $1,704,000 or $0.04 Per Diluted Common Share

WOOD DALE, Ill., Feb. 22, 2016 (GLOBE NEWSWIRE) -- Power Solutions International, Inc. (Nasdaq: PSIX), a leader in the design, engineer and manufacture of emissions-certified alternative-fuel and conventional power systems, today announced its financial results for the fourth quarter and full year ended December 31, 2015.

Fourth Quarter 2015 Results

Net sales for the fourth quarter of 2015 were $96,670,000 compared to $103,910,000 in the fourth quarter of 2014 and $112,008,000 in the third quarter of 2015.  The sales... More