Pioneer Power (PPSI) Tops Q2 EPS by 5c, Revenues Miss

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Pioneer Reports Second Quarter 2018 Financial Results

August 9, 2018 4:05 PM EDT

FORT LEE, N.J., Aug. 9, 2018 /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 financial results for the second quarter and year-to-date periods ended June 30, 2018.

On May 2, 2018, Pioneer signed a definitive agreement to sell its switchgear business, and as a result this business segment has been reclassified as discontinued operations. Accordingly, the results presented in this press release reflect continuing operations.... More