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Pioneer Power Solutions Inc (PPSI.OQ)

PPSI.OQ on NASDAQ Stock Exchange Capital Market

4.80USD
20 Sep 2018
Change (% chg)

$-0.25 (-4.95%)
Prev Close
$5.05
Open
$5.35
Day's High
$5.35
Day's Low
$4.80
Volume
104
Avg. Vol
1,153
52-wk High
$7.95
52-wk Low
$4.40

Latest Key Developments (Source: Significant Developments)

Pioneer Reports Q4 Loss Of $0.51 Per Share From Cont Ops
Wednesday, 28 Mar 2018 04:05pm EDT 

March 28 (Reuters) - Pioneer Power Solutions Inc ::PIONEER REPORTS FOURTH QUARTER AND FULL YEAR 2017 FINANCIAL RESULTS.Q4 LOSS PER SHARE $0.51 FROM CONTINUING OPERATIONS.Q4 REVENUE FELL 4.4 PERCENT TO $23.6 MILLION.PIONEER POWER SOLUTIONS - ‍SALES BACKLOG (REFLECTING CONTINUING OPERATIONS) AT DECEMBER 31, 2017 WAS ABOUT $28.9 MILLION VERSUS $27.9 MILLION AT DECEMBER 31, 2016​.‍MANAGEMENT EXPECTS COMPANY TO GENERATE HIGH-SINGLE-DIGIT GROWTH IN REVENUES FROM CONTINUING OPERATIONS FOR 2018 ​.‍IN ADDITION, MANAGEMENT EXPECTS TO INCREASE ADJUSTED EBITDA FOR FULL YEAR OF 2018 COMPARED TO 2017​.  Full Article

Pioneer Announces New Five-Year Contract With Regional Utility Provider
Tuesday, 6 Feb 2018 08:00am EST 

Feb 6 (Reuters) - Pioneer Power Solutions Inc ::PIONEER ANNOUNCES NEW FIVE-YEAR CONTRACT FOR NETWORK TRANSFORMERS WITH REGIONAL UTILITY PROVIDER.PIONEER POWER SOLUTIONS INC SAYS EXPECTS CONTRACT, WHICH BECAME EFFECTIVE JANUARY 19, 2018, TO GENERATE APPROXIMATELY $2 MILLION IN REVENUE PER YEAR.PIONEER POWER SOLUTIONS INC - ‍INITIAL SHIPMENTS ARE SCHEDULED TO BEGIN IN Q2 OF 2018​.  Full Article

Pioneer reports Q3 loss per share $0.09
Thursday, 9 Nov 2017 04:05pm EST 

Nov 9 (Reuters) - Pioneer Power Solutions Inc :Pioneer reports third quarter 2017 financial results.Q3 loss per share $0.09.Q3 revenue rose 1.4 percent to $29.8 million.Sees FY 2017 revenue $120 million to $127 million.Pioneer Power Solutions Inc - ‍order backlog at September 30, 2017 was $38.7 million compared to $38.6 million at December 31, 2016​.Pioneer Power Solutions Inc - sees full year 2017 ‍ diluted eps between $0.18 and $0.23​.Pioneer Power Solutions Inc - sees full year 2017 non-GAAP EPS between $0.83 to $0.93‍​.  Full Article

Pioneer Q2 earnings per share $0.15
Thursday, 10 Aug 2017 04:05pm EDT 

Aug 10 (Reuters) - Pioneer Power Solutions Inc :Pioneer reports second quarter 2017 financial results.Q2 non-GAAP earnings per share $0.21.Q2 earnings per share $0.15.Q2 revenue rose 3.2 percent to $30.9 million.Sees FY 2017 revenue $120 million to $127 million.Pioneer Power Solutions Inc says order backlog at June 30, 2017 was $39.6 million compared to $38.6 million at December 31, 2016.Pioneer Power Solutions Inc says company reaffirmed its full-year 2017 guidance.  Full Article

Pioneer Power ‍launches private label engine generators
Thursday, 3 Aug 2017 08:00am EDT 

Aug 3 (Reuters) - Pioneer Power Solutions Inc :Co ‍launches line of private label engine generators; booked over $1 million in new orders for new private labeled generators​.  Full Article

Pioneer announces new contract for liquid-filled network transformers
Friday, 30 Jun 2017 08:00am EDT 

June 30 (Reuters) - Pioneer Power Solutions Inc :Pioneer announces new contract for liquid-filled network transformers.Pioneer power solutions - expects 30-month contract, which became effective june 26, to generate annualized revenues of up to $2 million through 2019.Pioneer power solutions inc- first shipments are expected to begin in q4 of 2017..  Full Article

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

BRIEF-Pioneer Q1 Loss Per Share $0.07 From Continuing Operations

* PIONEER POWER SOLUTIONS - REAFFIRMS EXPECTATIONS FOR CO TO GENERATE HIGH-SINGLE-DIGIT GROWTH IN REVENUE FROM CONTINUING OPERATIONS FOR 2018 COMPARED TO 2017