Pioneer Power (PPSI) Tops Q2 EPS by 2c, Beats on Revenues; FY17 EPS/Revenues Above Consensus

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Roth Capital Reiterates Buy on Pioneer Power (PPSI) Following 2Q

August 14, 2017 8:57 AM EDT

Roth Capital reiterated a Buy rating and $8.00 price target on Pioneer Power Solutions (NASDAQ: PPSI) following the company's 2Q earnings release. PPSI beat revenue/adj EBITDA/EPS estimates and reiterated 2017 guidance which implies a nice uptick in operating profit during H217.

Reiterated 2017 guidance... More