PPSI missed EPS expectations by 96.08%
May 16, 2025, 10:35 AM
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What does PPSI do
Pioneer Power Solutions, headquartered in Fort Lee, New Jersey, designs electrical equipment for utility, industrial, and commercial markets, employing 99 staff since its IPO on September 19, 2013. It operates in two segments: Transmission & Distribution Solutions and Critical Power Solutions, offering products like e-Bloc and mobile E-BOOST EV chargers.
Pioneer Power Solutions (PPSI) reported a negative EPS surprise in its most recent quarterly earnings. For the most recent quarter, Pioneer Power Solutions's actual EPS was -$0.09, missing the estimate of -$0.05 per share, resulting in a -96.08% surprise.
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