Power Solutions Q2 net income $6.4M ($0.28 EPS) vs $1.4M ($0.06); gross margin rises to 22.1%

POWER SOLUTIONS INTERNATIONAL, INC.

2023-Q2 EPS reported $0.44 revenue$238,334,000

Sales $121.9M (+1% YoY); power systems +$7.5M, transportation +$6.8M, industrial -$12.9M.
Gross profit +47% to $26.9M; margin 22.1% vs 15.2% on pricing and mix; warranty expense $3.4M.
Adjusted EBITDA $12.6M (double YoY); operating cash flow improved $34.4M; debt down $20.7M.
Adjusted EPS $0.28 vs $0.10; net income $6.4M vs $1.4M.
Filing notes 2023 outlook was provided but full text not shown; results beat prior year.

item 7.01 item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

POWER SOLUTIONS INTERNATIONAL, INC. reported second quarter 2023 results: revenue $121.9 million, net income $6.4 million, EPS $0.28 per share.

Period: second quarter 2023
Revenue: $121.9 million
Net income: $6.4 million
EPS: $0.28 per share
Result: reported results

Exact text from the filing

of emission-certified engines and power systems, announced second quarter 2023 financial results. Second Quarter 2023 Results Sales for the second quarter of 2023 were $121.9 million, an increase of $1.4 million, or 1%, compared to the second quarter of 2022, as a result of sales increases of $7.5 million and $6.8 million in the power systems and

View on SEC.gov

51 earnings releases filed in the last 30 days. Browse all earnings releases →

POWER SOLUTIONS INTERNATIONAL, INC. filing history →

Source: SEC EDGAR

accession 0001137091-23-000013

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.