secwatch.observer — SEC 8-K summary
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Issuer:     POWER SOLUTIONS INTERNATIONAL, INC. (PSIX)
CIK:        0001137091
Form:       8-K
Filed at:   2023-08-14T23:59:59+00:00
Accession:  0001137091-23-000013
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 7.01, 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1137091/000113709123000013/0001137091-23-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1137091/000113709123000013/psix-20230814.htm
  HTML page:      https://secwatch.observer/filing/0001137091-23-000013

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer