Pioneer Reports Fourth Quarter and Full Year 2021 Financial Results; Backlog More Than Doubles in Three Months, Setting the Stage for Rapid Growth in 2022

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Go back to Pioneer Reports Fourth Quarter and Full Year 2021 Financial Results; Backlog More Than Doubles in Three Months, Setting the Stage for Rapid Growth in 2022

Pioneer Power (PPSI) Misses Q4 EPS by 10c

March 31, 2022 4:39 PM EDT

Pioneer Power (NASDAQ: PPSI) reported Q4 EPS of ($0.16), $0.10 worse than the analyst estimate of ($0.06). Revenue for the quarter came in at $3.5 million versus the consensus estimate of $5.97 million.

As of December 31, 2021, the company had $11.7 million in cash, including restricted cash, compared to $7.6 million as... More