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

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

May 15, 2023 4:06 PM EDT

Management Reiterates Guidance of Full Year Revenue of $42 to $45 Million, Full year positive EPS; Company Maintains $37.2 Million Backlog with Strong Quarterly Revenue Growth

FORT LEE, N.J., May 15, 2023 /PRNewswire/ -- Pioneer Power Solutions, Inc. (Nasdaq: PPSI) ("Pioneer", "Pioneer Power" or the "Company"), a leader in the design, manufacture, service and integration of electrical power systems, distributed energy resources, power generation... More