Pioneer Power Solutions PPSI reported its Q1 earnings results on Monday, May 15, 2023 at 04:06 PM.
Here's what investors need to know about the announcement.
Earnings
Pioneer Power Solutions beat estimated earnings by 133.33%, reporting an EPS of $0.01 versus an estimate of $-0.03.
Revenue was up $2.47 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.17 which was followed by a 20.14% increase in the share price the next day.
Here's a look at Pioneer Power Solutions's past performance:
Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
---|---|---|---|---|
EPS Estimate | -0.07 | -0.11 | -0.04 | -0.07 |
EPS Actual | 0.10 | -0.13 | -0.26 | -0.08 |
Revenue Estimate | 10.96M | 11.27M | 7.66M | 4.45M |
Revenue Actual | 9.52M | 6.25M | 4.29M | 6.04M |
To track all earnings releases for Pioneer Power Solutions visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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