secwatch.observer — SEC 8-K summary
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Issuer:     POWER SOLUTIONS INTERNATIONAL, INC. (PSIX)
CIK:        0001137091
Form:       8-K
Filed at:   2023-03-31T23:59:59+00:00
Accession:  0001193125-23-088105
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PSI Q4 net income $9.3M vs loss $7.6M; sales up 8% to $137M
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- Q4 2022 sales $137.0M, up 8% YoY; industrial +$19.5M, power systems +$10.0M, transportation -$19.5M.
- Gross margin expanded to 21.5% from 7.6% on higher sales, better mix, pricing actions and lower warranty expense.
- Net income $9.3M ($0.40/share) vs net loss $7.6M ($0.33 loss) in Q4 2021.
- Adjusted net income $10.1M ($0.44 EPS); Adjusted EBITDA $16.3M vs negative $1.9M last year.
- Operating cash flow improved to $8.9M inflow from $22.4M outflow in prior-year quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1137091/000119312523088105/0001193125-23-088105-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1137091/000119312523088105/d478373d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-088105

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