Recap: Pioneer Power Solutions Q1 Earnings

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.

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.

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.

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