Pioneer Power Revenue Increases 34% to $8.5 Million from Prior Year Quarter; Company Reports Earnings Per Share of $0.01

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Pioneer Power (PPSI) Tops Q1 EPS by 4c; Offers FY23 Revenue Guidance

May 15, 2023 4:15 PM EDT

Pioneer Power (NASDAQ: PPSI) reported Q1 EPS of $0.01, $0.04 better than the analyst estimate of ($0.03). Revenue for the quarter came in at $8.5 million versus the consensus estimate of $9.31 million.

GUIDANCE:

Pioneer Power sees FY2023 revenue of $42-45 million, versus the consensus... More