secwatch.observer — SEC 8-K summary
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Issuer:     POWER SOLUTIONS INTERNATIONAL, INC. (PSIX)
CIK:        0001137091
Form:       8-K
Filed at:   2022-11-14T23:59:59+00:00
Accession:  0001193125-22-284837
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PSI reports Q3 net income of $3.2M, up $10.4M vs prior-year loss; adj EPS $0.18
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- Sales rose 6% to $124.9M; gross margin improved 9.7 pts to 19.3% on higher sales, mix, pricing, lower warranty costs.
- Net income $3.2M ($0.14/share) vs net loss $7.2M ($0.31/share loss) in Q3 2021.
- Adjusted net income $4.2M ($0.18/share) vs adjusted net loss $4.8M ($0.21 loss) a year ago.
- Adjusted EBITDA swung to $9.9M positive from -$1.5M in prior year period.
- Operating cash flow was $12.5M vs -$24.9M in Q3 2021, driven by higher earnings and working capital improvements.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1137091/000119312522284837/0001193125-22-284837-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1137091/000119312522284837/d401332d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-284837

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