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

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

Power Solutions (PSIX) Tops Q4 EPS by 4c; FY16 Outlook Misses Views

February 22, 2016 4:30 PM EST

Power Solutions (NASDAQ: PSIX) reported Q4 EPS of $0.01, $0.04 better than the analyst estimate of ($0.03). Revenue for the quarter came in at $96.67 million versus the consensus estimate of $103.31 million.

GUIDANCE:

Power Solutions sees FY2016 revenue of $350-375 million, versus the consensus... More