Key Developments: Power Solutions International Inc (PSIX.OQ)

PSIX.OQ on NASDAQ Stock Exchange Capital Market

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10 Feb 2016
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Latest Key Developments (Source: Significant Developments)

Power Solutions International Inc and Wilson to partner with professional power products through North American cogen venture
Tuesday, 8 Dec 2015 11:40am EST 

Power Solutions International Inc:Says Co and its unit Professional Power Products Inc has been selected by Sterling and Wilson Pvt Ltd to supply engines and packaging services for rapidly expanding North American cogeneration/combined heat and power market through new U.S. based entity Sterling and Wilson Cogen Solutions LLC.  Full Article

Power Solutions International Inc gives Q4, FY 2015 revenue guidance
Monday, 9 Nov 2015 04:15pm EST 

Power Solutions International Inc:Expects Q4 2015 revenue to be in the range of $100 million to $110 million, which would result in FY 2015 revenue of about $400 million.  Full Article

Power Solutions International, Inc announces retirement of CFO
Monday, 5 Oct 2015 09:30am EDT 

Power Solutions International, Inc:Psi announces retirement of chief financial officer daniel gorey.Says gorey will assist with transition until that date, when new CFO Michael P. Lewis will begin tenure.Says chief financial officer daniel gorey will retire effective October 19, 2015.  Full Article

Power Solutions International Inc signs engine supply agreement with JAC Motors for new luxury bus program
Monday, 28 Sep 2015 02:11pm EDT 

Power Solutions International Inc:Says multiyear agreement to provide engines and transmissions to China-based JAC Motors for production of a new luxury mini bus.Beginning in 2015, PSI will supply JAC with up to 500 certified, 4.8-liter engines equipped with 6L90 transmissions.Quantity supplied is expected to increase during the following two years, to a range of 1000 to 1500 units in 2017.  Full Article

Power Solutions International Inc gives Q3, Q4 2015 revenue outlook below analysts' estimates
Wednesday, 5 Aug 2015 04:05pm EDT 

Power Solutions International Inc:Expects Q3 2015 revenue to be in the range of $110 to $130 million.Expects Q4 2015 revenue to be in the range of $140 million to $160 million.Q3 2015 revenue of $149 mln - Thomson Reuters I/B/E/S.Q4 2015 revenue of $182 mln - Thomson Reuters I/B/E/S.  Full Article

Power Solutions International Inc announces agreement to purchase On-Highway Engine OEM Powertrain Integration
Wednesday, 6 May 2015 07:00am EDT 

Power Solutions International Inc:It agreed to purchase Powertrain Integration LLC of Madison Heights, Michigan, on-highway power system manufacturer.Definitive agreement provides for purchase of assets of Powertrain Integration and the assumption of certain liabilities.Says purchase price consists of $21.6 mln in cash and targeted contingent consideration of $8 million in cash.Purchase is expected to close in about 30 days.  Full Article

Power Solutions International acquires alternative-fuel engine OEM Buck's Engines
Wednesday, 18 Mar 2015 01:45pm EDT 

Power Solutions International Inc:Says it has acquired Buck's Engines, LP, a manufacturer of alternative-fuel engines for industrial markets.Buck's is a product line of United Engines, LLC.PSI acquired certain assets of Buck's for an initial cash purchase of about $9.7 mln.  Full Article

Power Solutions International Inc reaffirms FY 2015, 2016 revenue guidance
Thursday, 26 Feb 2015 04:01pm EST 

Power Solutions International Inc:Reiterates FY 2015 sales growth.Expect FY 2015 sales $480 to $500 mln.Confirms FY 2016 sales to be in a range of $580 to $620 mln.FY 2015 revenue of $484 million - Thomson Reuters I/B/E/S.FY 2016 revenue of $590 million - Thomson Reuters I/B/E/S.  Full Article

Power Solutions International Inc reaffirms FY 2014 revenue guidance
Thursday, 6 Nov 2014 04:03pm EST 

Power Solutions International Inc:Reaffirms outlook for FY 2014 revenue.Expects FY 2014 revenue to be in the range of $330 to $360 million.FY 2014 revenue of $349 million - Thomson Reuters I/B/E/S.  Full Article

Power Solutions International Inc reaffirms FY 2014 revenue guidance
Thursday, 7 Aug 2014 04:09pm EDT 

Power Solutions International Inc:Reaffirms outlook for sales growth for FY 2014.Expects FY 2014 sales growth to be in a range of $330 to $360 mln.FY 2014 revenue of $350 mln - Thomson Reuters I/B/E/S.  Full Article

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