secwatch / observer
8-K filed March 30, 2023, 7:59 PM ET ticker PPSI CIK 0001449792
earnings confidence high sentiment positive materiality 0.75

Pioneer Power Q4 revenue $9.5M (+172% YoY); guides FY2023 revenue $42-45M, positive EPS

PIONEER POWER SOLUTIONS, INC.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

PIONEER POWER SOLUTIONS, INC. reported the fourth quarter ended December 31, 2022 results: revenue $9.5 million, net income $948,000, EPS $0.10 per basic and diluted share. Guidance initiated.

Period
the fourth quarter ended December 31, 2022
Revenue
$9.5 million
Net income
$948,000
EPS
$0.10 per basic and diluted share
Guidance
initiated
Result
reported results
Exact text from the filing
except as shall be expressly set forth by specific reference in such filing. --- EX-99.1 () --- EX-99.1 2 ex99-1.htm Exhibit 99.1 Pioneer Power Delivers Quarterly Revenue of $9.5 Million, Up 172% Year-over-Year and 52% Sequentially, Driven by Demand for E-Bloc Solution Full-Year Revenue Up 48% to $27.0 Million, Backlog Grows 63% Year-Over-Year to $37.2 Million;
View on SEC.gov
Earnings Releases SEC 8-K Item 2.02 confidence 0.95

PIONEER POWER SOLUTIONS, INC. reported the full-year ended December 31, 2022 results: revenue $27.0 million, net income $3.6 million, EPS $(0.37) per share. Guidance initiated.

Period
the full-year ended December 31, 2022
Revenue
$27.0 million
Net income
$3.6 million
EPS
$(0.37) per share
Guidance
initiated
Result
reported results
Exact text from the filing
Pioneer Power Delivers Quarterly Revenue of $9.5 Million, Up 172% Year-over-Year and 52% Sequentially, Driven by Demand for E-Bloc Solution Full-Year Revenue Up 48% to $27.0 Million, Backlog Grows 63% Year-Over-Year to $37.2 Million; Fourth Quarter Earnings per Share of $0.10; Management Expects Positive EPS for Full-Year of 2023; Company Expects Full Year
View on SEC.gov

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Source: SEC EDGAR
accession 0001493152-23-009803
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