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

PSIX.OQ on NASDAQ Stock Exchange Capital Market

63.98USD
1 May 2015
Change (% chg)

$0.18 (+0.28%)
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Latest Key Developments (Source: Significant Developments)

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

Power Solutions International Inc announces acquisition of Professional Power Products Inc
Tuesday, 1 Apr 2014 04:01pm EDT 

Power Solutions International Inc:Acquired Professional Power Products Inc.Professional Power Products Inc are designer and manufacturer of large, custom engineered integrated electrical power generation systems.  Full Article

Power Solutions International Inc gives FY 2014 revenue guidance in line with analysts' estimates
Thursday, 27 Feb 2014 04:03pm EST 

Power Solutions International Inc:Reiterates its previously issued outlook for sales growth in FY 2014.Expects FY 2014 sales in a range of $310 to $330 million.FY 2014 revenue of $321 million - Thomson Reuters I/B/E/S.  Full Article

Power Solutions International Inc announces strategic supply agreement with NACCO Materials Handling Group Inc
Tuesday, 18 Feb 2014 08:35am EST 

Power Solutions International Inc:Sings multi-year supply agreement with NACCO Materials Handling Group, Inc. (NMHG), the global forklift manufacturer.Says company will supply NMHG with alternatively-fueled power systems.Says NMHG agreement marks the launch of PSI's long-term 2.0-liter and 2.4-liter power system program, which has been in progress for two years.  Full Article

Power Solutions International Inc Announces Closing of Public Offering
Tuesday, 16 Jul 2013 04:47pm EDT 

Power Solutions International Inc announced the closing of its underwritten public offering of 2,005,000 shares of its common stock at a price to the public of $35.00 per share. The Company sold 1,050,000 shares of common stock, and certain selling stockholders sold 955,000 shares of common stock in the offering, which include 255,000 shares as a result of the full exercise by the underwriters of their over-allotment option. The net proceeds to the Company were $34,655,250 before deducting offering expenses payable by the Company. The Company did not receive any proceeds from the sale of the shares by the selling stockholders. Craig-Hallum Capital Group LLC acted as sole book-running manager of the offering, with Roth Capital Partners, LLC acting as co-lead manager.  Full Article

Power Solutions International Inc Announces Pricing Of Public Offering
Thursday, 11 Jul 2013 07:53am EDT 

Power Solutions International Inc announced the pricing of its underwritten public offering of 1,750,000 shares of its common stock at a price to the public of $35.00 per share. The Company is selling 1,050,000 shares of common stock, and certain selling stockholders are selling 700,000 shares of common stock in the offering. In addition, the selling stockholders have granted the underwriters an option to purchase up to an additional 255,000 shares of common stock in the aggregate at the public offering price, less the underwriting discount, to cover the over-allotment of shares. The offering is expected to close on or about July 16, 2013, subject to the satisfaction of customary closing conditions. Craig-Hallum Capital Group LLC is acting as sole book-running manager of the offering, with Roth Capital Partners, LLC acting as co-lead manager.  Full Article

Power Solutions International Inc Announces Listing On NASDAQ Capital Market
Tuesday, 28 May 2013 09:21am EDT 

Power Solutions International Inc announced its common stock was approved for listing on The NASDAQ Capital Market and commenced trading under the ticker symbol PSIX.  Full Article

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