earnings
confidence high
sentiment neutral
materiality 0.70
Pioneer Power reports FY2024 revenue up 106% to $22.9M; diluted EPS $2.90
PIONEER POWER SOLUTIONS, INC.
2025-Q1 EPS reported
-$0.09
revenue$6,740,000
- Revenue $22.9M, up 106% YoY; net income $31.9M vs loss $1.9M; diluted EPS $2.90.
- Op loss from continuing ops improved to ($5.2M) from ($7.0M); non-GAAP op income $1.7M.
- Cash $41.6M at Dec 31, 2024 vs $3.6M; special dividend of $16.7M paid Jan 2025.
- Backlog $19.8M at year-end; reaffirms FY2025 revenue guidance $27M-$29M.
- Sold Electrical Infrastructure for $50M; e-Boost charging sessions up 93% to 14,500.