Pioneer Reports Second Quarter 2018 Financial Results
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Pioneer Power (PPSI) Tops Q2 EPS by 5c, Revenues Miss
August 9, 2018 4:39 PM EDTPioneer Power (NASDAQ: PPSI) reported Q2 EPS of $0.16, $0.05 better than the analyst estimate of $0.11. Revenue for the quarter came in at $24.59 million versus the consensus estimate of $27 million.
Nathan Mazurek, Pioneer's Chairman and Chief Executive Officer, said, "The second quarter represented a significant improvement on a sequential basis, with notable improvements in revenue, gross margin and EBITDA and a narrowing of our net loss by more than half a million dollars, from $581,000 in the... More
