earnings
confidence high
sentiment positive
materiality 0.75
Power Solutions reports record Q4 net income $23.3M, EPS $1.01; full year net income $69.3M
POWER SOLUTIONS INTERNATIONAL, INC.
- Q4 net sales $144.3M (+38% YoY); net income $23.3M (+178%); diluted EPS $1.01 vs $0.36.
- Full year 2024 net sales $476M (+4%); net income $69.3M (+163%); diluted EPS $3.01 vs $1.15.
- Gross margin improved to 29.9% (Q4) from 26.3%, driven by product mix and pricing actions.
- Total debt reduced to $120.2M at year-end; additional $10M paid down in Q1 2025, debt now $110M.
- 2025 outlook expects sales growth from power systems/data centers; no specific guidance due to tariff uncertainty.