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Pioneer Power Solutions Inc (PPSI.OQ)

PPSI.OQ on NASDAQ Stock Exchange Capital Market

6.70USD
26 May 2017
Change (% chg)

$-0.15 (-2.19%)
Prev Close
$6.85
Open
$6.85
Day's High
$6.85
Day's Low
$6.70
Volume
49
Avg. Vol
9,600
52-wk High
$9.35
52-wk Low
$4.78

Latest Key Developments (Source: Significant Developments)

Pioneer Q1 non-GAAP earnings per share $0.17
Thursday, 11 May 2017 04:05pm EDT 

May 11 (Reuters) - Pioneer Power Solutions Inc ::Pioneer reports first quarter 2017 financial results.Q1 non-GAAP earnings per share $0.17.Q1 earnings per share $0.02.Q1 revenue rose 2.6 percent to $27.3 million.Sees FY 2017 revenue $120 million to $127 million.Pioneer power solutions - extending and expanding products manufactured in India; expect significant orders in 2017 that will help drive further growth in 2018.Says order backlog at March 31, 2017 was $36.7 million compared to $38.6 million at December 31, 2016.Says company reaffirmed its full-year 2017 guidance.  Full Article

Pioneer Power announces service agreement renewal
Friday, 31 Mar 2017 08:00am EDT 

Pioneer Power Solutions Inc : Pioneer Power announces service agreement renewal and expansion with global digital communications provider . Annual billings for extension are expected to be approximately $3.0 million per year .Will service, provide preventative maintenance for backup generators at customer's cell phone tower sites in additional two states.  Full Article

Pioneer Power announces new service agreement with large drugstore chain
Tuesday, 28 Mar 2017 08:00am EDT 

Pioneer Power Solutions Inc : Pioneer Power Solutions - signed three-year service deal with drugstore chains to service, maintain 100% of customer's 215 backup generator sites .Pioneer Power Solutions - annual billings for base agreement expected to be minimum of $400,000 per year with opportunities to provide additional services.  Full Article

Pioneer Q4 non-gaap earnings per share $0.21
Thursday, 9 Mar 2017 04:12pm EST 

Pioneer Power Solutions Inc : Pioneer reports fourth quarter and full year 2016 financial results . Q4 non-gaap earnings per share $0.21 . Q4 revenue rose 8.6 percent to $28.5 million . Sees FY 2017 revenue $120 million to $127 million . Q4 loss per share $0.19 . Order backlog at December 31, 2016 was $38.6 million compared to $28.7 million at December 31, 2015 . Sees 2017 adjusted EBITDA of $10.0 million to $11.0 million . Company reaffirmed its full-year 2017 guidance . FY 2017 earnings per share view $0.66, revenue view $124.8 million -- Thomson Reuters I/B/E/S .Q4 earnings per share view $0.15, revenue view $31.0 million -- Thomson Reuters I/B/E/S.  Full Article

Pioneer Power signs long-term contract extension with Major Utility
Thursday, 2 Feb 2017 08:00am EST 

Pioneer Power Solutions Inc : Pioneer Power signs long-term contract extension with Major Utility valued at approximately $4 million annually . Contract extends company's previous five-year contract with utility, which expired on December 31, 2016 .Expects five-year contract, which became effective january 1, 2017, to generate annual revenue of approximately $4 million.  Full Article

North Star Investment Management reports 5.4 pct passive stake in Pioneer Power Solutions
Tuesday, 10 Jan 2017 01:18pm EST 

:North Star Investment Management Corporation reports 5.4 percent passive stake in Pioneer Power Solutions Inc as of Dec 31, 2016 - SEC Filing.  Full Article

Pioneer provides 2017 outlook and expects FY revenue of $120-127 mln
Tuesday, 10 Jan 2017 08:00am EST 

Pioneer Power Solutions Inc : Pioneer provides 2017 outlook: expects full-year revenue of $120-127 million and net income of $3.5 million to $4.1 million . Sees FY 2017 revenue $120 million to $127 million . Pioneer Power Solutions Inc sees FY 2017 earnings per share between $0.40 and $0.47 .Pioneer Power Solutions Inc sees fy 2017 non-GAAP earnings per share $0.83 to $0.91.  Full Article

Pioneer posts Q2 adj. earnings per share $0.08
Thursday, 11 Aug 2016 04:05pm EDT 

Pioneer Power Solutions Inc : Pioneer announces 13.1 pct revenue growth, record backlog for second quarter of 2016 . Sees FY 2016 non-GAAP earnings per share $0.55 to $0.66 . Q2 earnings per share $0.02 . Q2 adjusted non-GAAP earnings per share $0.08 . Sees FY 2016 revenue $117 million to $127 million .Reaffirmed its full-year 2016 guidance.  Full Article

Pioneer Power announces $7 mln service agreement
Tuesday, 12 Jul 2016 08:00am EDT 

Pioneer Power Solutions : Announces $7 million service agreement for emergency power backup systems .Says annual billings for order of emergency power backup systems are expected to be approximately $2.3 million per year.  Full Article

Pioneer Q1 earnings per share $0.07
Thursday, 12 May 2016 04:11pm EDT 

Pioneer Announces Profitable First Quarter 2016 Results, Reaffirms Full : Q1 earnings per share view $0.11, revenue view $26.0 million -- Thomson Reuters I/B/E/S . Year guidance . Q1 adjusted non-gaap earnings per share $0.11 . Q1 earnings per share $0.07 . Q1 revenue fell 8 percent to $26.6 million . Sees fy 2016 non-gaap earnings per share $0.55 to $0.66 .Sees fy 2016 revenue $117 million to $127 million.  Full Article

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BRIEF-Pioneer Q1 non-GAAP earnings per share $0.17

* Pioneer power solutions - extending and expanding products manufactured in India; expect significant orders in 2017 that will help drive further growth in 2018