PSI Q3 net income $7.8M, EPS $0.34; revenue down 7% to $115.9M

POWER SOLUTIONS INTERNATIONAL, INC.

2023-Q3 EPS reported $0.78 revenue$354,218,000

Gross profit up 16%, margin expanded to 24.1% from 19.3%.
Adjusted EBITDA $14.6M vs $9.9M; operating cash flow $35.5M (up $23.1M).
Debt decreased $50.1M year-to-date, $30.0M in Q3.
Power systems sales up $17.7M; industrial down $19.1M, transportation down $7.7M.

item 7.01 item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 1.0

POWER SOLUTIONS INTERNATIONAL, INC. reported third quarter 2023 results: revenue $115.9 million, net income $7.8 million, EPS $0.34 per share.

Period: third quarter 2023
Revenue: $115.9 million
Net income: $7.8 million
EPS: $0.34 per share
Result: reported results

Exact text from the filing

manufacture of emission-certified engines and power systems, announces third quarter 2023 financial results. Third Quarter 2023 Results Sales for the third quarter of 2023 were $115.9 million, a decrease of $9.0 million, or 7%, compared to the third quarter of 2022, as a result of lower sales of $19.1 million and $7.7 million within the industrial and transportation

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

POWER SOLUTIONS INTERNATIONAL, INC. filing history →

Source: SEC EDGAR

accession 0001137091-23-000019

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