Pioneer Power Solutions, Inc., together with its subsidiaries, manufactures, sells, and services specialty electrical transmission, distribution, and on-site power generation equipment in the United States, Canada, and internationally. The company operates in two segments, Transmission & Distribution Solutions and Critical Power Solutions. The Transmission & Distribution Solutions segment designs, develops, and manufactures low and medium voltage electric power distribution panel boards, low voltage switchgears, and switchboards. The Critical Power Solutions segment provides aftermarket field-services to ensure smooth and uninterrupted power to operations during times of emergency. It serves utility, industrial, commercial, and backup power markets. The company was incorporated in 2008 and is headquartered in Fort Lee, New Jersey. Pioneer Power Solutions, Inc. is a subsidiary of Provident Pioneer Partners, L.P.
IPO Year:
Exchange: NASDAQ
Website: pioneerpowersolutions.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/31/2022 | $12.00 | Buy | HC Wainwright & Co. |
Preliminary Fourth Quarter 2024 Revenue from Continuing Operations of $9.8 Million; Up 265% Year-Over-Year Pioneer Power Solutions, Inc. (NASDAQ:PPSI) ("Pioneer" or the "Company"), a leader in the design, manufacture, service and integration of distributed energy resources, power generation equipment and mobile electric vehicle ("EV") charging solutions, today announced preliminary unaudited financial results for the fourth quarter and full year ended December 31, 2024, showcasing a year of remarkable growth and improved profitability. These preliminary unaudited financial results exclude our T&D Solutions segment due to the previously announced sale of that business unit for $50 million
Pioneer Power Solutions, Inc. (NASDAQ:PPSI) ("Pioneer" or the "Company"), a leader in the design, manufacture, service and integration of distributed energy resources, power generation equipment and mobile electric vehicle ("EV") charging solutions, today announced it has renewed and extended a service agreement with an existing customer, a large U.S. retailer, for on-site power services. Under the terms of the new three-year agreement, the Company will provide maintenance, energy management and update services to more than 750 of the retailer's store locations. The Company is expected to generate approximately $6.0 million in total revenue over the course of the new three-year agreement.
Continues to make an impact in the municipal fleet market Pioneer Power Solutions, Inc. (NASDAQ:PPSI) ("Pioneer" or the "Company"), a leader in the design, manufacture, service and integration of distributed energy resources, power generation equipment and mobile electric vehicle ("EV") charging solutions, today announced it has received an order valued at $1.3 million from the City of Portland, Oregon ("Portland") for multiple e-Boost Mobile units through Graybar Electric ("Graybar"), a leading national electrical distribution company, as part of Graybar's OMNIA Partners program. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/2
e-Boost Selected for EV Charging to Support a Global Retailer's Delivery Operations Pioneer Power Solutions, Inc. (NASDAQ:PPSI) ("Pioneer" or the "Company"), a leader in the design, manufacture, service and integration of distributed energy resources, power generation equipment and mobile electric vehicle ("EV") charging solutions, today announced a groundbreaking pilot program with a Fortune 100 e-commerce retailer to specifically tackle the "grid gap" challenge between the increasing power needs of its electric delivery fleet and the limited amount of grid supplied power at its depots. This press release features multimedia. View the full release here: https://www.businesswire.com/news
Critical Power Business Segment Revenue Up 130% Declares One-time Special Cash Dividend of $1.50 per share Guides to $27 Million to $29 Million of Revenue for 2025 Pioneer Power Solutions, Inc. (NASDAQ:PPSI) ("Pioneer" or the "Company"), a leader in the design, manufacture, and service of distributed energy resources, power generation equipment and mobile electric vehicle ("EV") charging solutions, today provided a business update and announced unaudited financial results for the quarter ended September 30, 2024. On October 29, 2024, the Company announced that it had sold its Pioneer Custom Electrical Products, LLC ("PCEP") business unit to Mill Point Capital LLC ("Mill Point"), a m
Pioneer Power Solutions, Inc. (NASDAQ:PPSI) ("Pioneer"), a leader in the design, manufacture, and service of distributed energy resources, power generation equipment and mobile electric vehicle ("EV") charging solutions, today announced that management will host a conference call on Monday, November 18, 2024 at 4:30 p.m. Eastern Time to discuss Pioneer's 2024 third quarter financial results with the investment community. Company will release results for the third quarter ended September 30, 2024 on Thursday, November 14, 2024 after the markets close. Anyone interested in participating should call 1-877-407-0789 if calling within the United States or 1-201-689-8562 if calling internationall
Total Consideration of $50 million in cash and equity including the assumption of certain liabilities Management to Host Investor Conference Call at 4:30 pm ET on October 30, 2024 Pioneer Power Solutions, Inc. (NASDAQ:PPSI) ("Pioneer" or the "Company"), a leader in the design, manufacture, service and integration of electrical power systems, distributed energy resources, power generation equipment and mobile electric vehicle ("EV") charging solutions, today announced it has sold its Pioneer Custom Electrical Products, LLC ("PCEP") business unit to Mill Point Capital LLC ("Mill Point"), a middle-market private equity firm located in New York City, for $50 million in a cash and equity trans
Backlog Surges to $67 Million; up 46% Sequentially Expects Strong Second Half of 2024 with Significant Growth in Revenue and EPS Management to Host Investor Conference Call at 4:30 pm ET on October 30, 2024 Pioneer Power Solutions, Inc. (NASDAQ:PPSI) ("Pioneer" or the "Company"), a leader in the design, manufacture, service and integration of electrical power systems, distributed energy resources, power generation equipment and mobile electric vehicle ("EV") charging solutions, today announced that the Company filed its quarterly report on Form 10-Q for the quarter ended June 30, 2024, with the U.S. Securities and Exchange Commission (the "SEC"). The Company also announced that manageme
Reaffirms Full-Year 2024 Guidance of $52 to $54 Million in Revenue and $0.31 to $0.34 in EPS; Expects to File Second Quarter 10-Q and Host Investor Conference Call to Discuss First Half 2024 Financial Results in the Coming Weeks Pioneer Power Solutions, Inc. (NASDAQ:PPSI) ("Pioneer" or the "Company"), a leader in the design, manufacture, service and integration of electrical power systems, distributed energy resources, power generation equipment and mobile electric vehicle ("EV") charging solutions, today announced that the Company filed its quarterly report on Form 10-Q for the quarter ended March 31, 2024, with the U.S. Securities and Exchange Commission (the "SEC"). The Company also a
Pioneer Power Solutions, Inc. (NASDAQ:PPSI) ("Pioneer" or the "Company"), a leader in the design, manufacture, service and integration of electrical power systems, distributed energy resources, power generation equipment and mobile electric vehicle ("EV") charging solutions, today announced that on August 21, 2024, the Company received a delinquency notification letter (the "10-Q Notice") from the Listing Qualifications Staff of the Nasdaq Stock Market LLC ("Nasdaq") indicating that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the "Listing Rule") as a result of the Company's failure to timely file its Quarterly Report on Form 10-Q for the quarter ended June 30, 202
HC Wainwright & Co. initiated coverage of Pioneer Power Solutions with a rating of Buy and set a new price target of $12.00
Preliminary Fourth Quarter 2024 Revenue from Continuing Operations of $9.8 Million; Up 265% Year-Over-Year Pioneer Power Solutions, Inc. (NASDAQ:PPSI) ("Pioneer" or the "Company"), a leader in the design, manufacture, service and integration of distributed energy resources, power generation equipment and mobile electric vehicle ("EV") charging solutions, today announced preliminary unaudited financial results for the fourth quarter and full year ended December 31, 2024, showcasing a year of remarkable growth and improved profitability. These preliminary unaudited financial results exclude our T&D Solutions segment due to the previously announced sale of that business unit for $50 million
Pioneer Power Solutions, Inc. (NASDAQ:PPSI) ("Pioneer"), a leader in the design, manufacture, and service of distributed energy resources, power generation equipment and mobile electric vehicle ("EV") charging solutions, today announced that management will host a conference call on Monday, November 18, 2024 at 4:30 p.m. Eastern Time to discuss Pioneer's 2024 third quarter financial results with the investment community. Company will release results for the third quarter ended September 30, 2024 on Thursday, November 14, 2024 after the markets close. Anyone interested in participating should call 1-877-407-0789 if calling within the United States or 1-201-689-8562 if calling internationall
Total Consideration of $50 million in cash and equity including the assumption of certain liabilities Management to Host Investor Conference Call at 4:30 pm ET on October 30, 2024 Pioneer Power Solutions, Inc. (NASDAQ:PPSI) ("Pioneer" or the "Company"), a leader in the design, manufacture, service and integration of electrical power systems, distributed energy resources, power generation equipment and mobile electric vehicle ("EV") charging solutions, today announced it has sold its Pioneer Custom Electrical Products, LLC ("PCEP") business unit to Mill Point Capital LLC ("Mill Point"), a middle-market private equity firm located in New York City, for $50 million in a cash and equity trans
Backlog Surges to $67 Million; up 46% Sequentially Expects Strong Second Half of 2024 with Significant Growth in Revenue and EPS Management to Host Investor Conference Call at 4:30 pm ET on October 30, 2024 Pioneer Power Solutions, Inc. (NASDAQ:PPSI) ("Pioneer" or the "Company"), a leader in the design, manufacture, service and integration of electrical power systems, distributed energy resources, power generation equipment and mobile electric vehicle ("EV") charging solutions, today announced that the Company filed its quarterly report on Form 10-Q for the quarter ended June 30, 2024, with the U.S. Securities and Exchange Commission (the "SEC"). The Company also announced that manageme
Reaffirms Full-Year 2024 Guidance of $52 to $54 Million in Revenue and $0.31 to $0.34 in EPS; Expects to File Second Quarter 10-Q and Host Investor Conference Call to Discuss First Half 2024 Financial Results in the Coming Weeks Pioneer Power Solutions, Inc. (NASDAQ:PPSI) ("Pioneer" or the "Company"), a leader in the design, manufacture, service and integration of electrical power systems, distributed energy resources, power generation equipment and mobile electric vehicle ("EV") charging solutions, today announced that the Company filed its quarterly report on Form 10-Q for the quarter ended March 31, 2024, with the U.S. Securities and Exchange Commission (the "SEC"). The Company also a
Reaffirms Full-Year 2024 Financial Guidance Expects Exceptionally Strong Second Half of 2024 Pioneer Power Solutions, Inc. (NASDAQ:PPSI) ("Pioneer" or the "Company"), a leader in the design, manufacture, service and integration of electrical power systems, distributed energy resources, power generation equipment and mobile electric vehicle ("EV") charging solutions, today announced the filing of its delayed annual report on Form 10-K. Financial Highlights for Full Year 2023, as compared to 2022 (restated): Revenue was $41.5 million, as compared to $25.9 million during 2022, an increase of 60.3%. Gross profit was $8.4 million, or a gross margin of 20.1%, as compared to $2.8 milli
Delivers Positive Full-Year Net Income vs. Net Loss in 2022; Backlog Surges to $46 Million; up 36% Sequentially; Expects Continued, Rapid Growth in Revenue, EPS and Operating Margins in 2024; Guides to $52 to $54 Million in Revenue and $0.31 to $0.34 in EPS for Full-Year 2024 Pioneer Power Solutions, Inc. (NASDAQ:PPSI) ("Pioneer" or the "Company"), a leader in the design, manufacture, service and integration of electrical power systems, distributed energy resources, power generation equipment and mobile electric vehicle ("EV") charging solutions, today announced unaudited preliminary financial results for the fourth quarter and 12 months ended December 31, 2023 and provided a busine
Pioneer Power Solutions, Inc. (NASDAQ:PPSI) ("Pioneer"), a leader in the design, manufacture, service and integration of electrical power systems, distributed energy resources, power generation equipment and mobile electric vehicle ("EV") charging solutions, today announced that management will host a conference call on Monday, April 1, 2024 at 5:00 p.m. Eastern Time to discuss Pioneer's 2023 fourth quarter and year-end financial results with the investment community. Company will release results for the fourth quarter and year ended December 31, 2023 on Monday, April 1st after the markets close. Anyone interested in participating should call 1-800-267-6316 if calling within the United St
Management Reiterates Guidance of Full Year Revenue of $42 to $45 Million, Full year positive EPS; Company Maintains $33.6 Million Backlog after Record Revenue Quarter FORT LEE, N.J., Nov. 14, 2023 /PRNewswire/ -- Pioneer Power Solutions, Inc. (NASDAQ:PPSI) ("Pioneer" or the "Company"), a leader in the design, manufacture, service and integration of electrical power systems, distributed energy resources, power generation equipment and mobile electric vehicle ("EV") charging solutions, today provided a business update and announced financial results for the third quarter and nine months ended September 30, 2023. Financial Highlights for the Third Quarter of 2023: Third quarter revenue was $12
Management Reiterates Guidance of Full Year Revenue of $42 to $45 Million, Full year positive EPS; Company Maintains $33.6 Million Backlog FORT LEE, N.J., Aug. 14, 2023 /PRNewswire/ -- Pioneer Power Solutions, Inc. (NASDAQ:PPSI) ("Pioneer", "Pioneer Power" or the "Company"), a leader in the design, manufacture, service and integration of electrical power systems, distributed energy resources, power generation equipment and mobile electric vehicle ("EV") charging solutions, today provided a business update and announced financial results for the second quarter and six months ended June 30, 2023. Financial Highlights for the Second Quarter of 2023: Second quarter revenue increased approximatel
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4 - PIONEER POWER SOLUTIONS, INC. (0001449792) (Issuer)
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4 - PIONEER POWER SOLUTIONS, INC. (0001449792) (Issuer)
4 - PIONEER POWER SOLUTIONS, INC. (0001449792) (Issuer)
4 - PIONEER POWER SOLUTIONS, INC. (0001449792) (Issuer)
4 - PIONEER POWER SOLUTIONS, INC. (0001449792) (Issuer)
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8-K - PIONEER POWER SOLUTIONS, INC. (0001449792) (Filer)
8-K - PIONEER POWER SOLUTIONS, INC. (0001449792) (Filer)
8-K - PIONEER POWER SOLUTIONS, INC. (0001449792) (Filer)
8-K - PIONEER POWER SOLUTIONS, INC. (0001449792) (Filer)
8-K - PIONEER POWER SOLUTIONS, INC. (0001449792) (Filer)
8-K - PIONEER POWER SOLUTIONS, INC. (0001449792) (Filer)
10-Q - PIONEER POWER SOLUTIONS, INC. (0001449792) (Filer)
8-K - PIONEER POWER SOLUTIONS, INC. (0001449792) (Filer)
8-K - PIONEER POWER SOLUTIONS, INC. (0001449792) (Filer)
DEFA14A - PIONEER POWER SOLUTIONS, INC. (0001449792) (Filer)
FORT LEE, N.J., Nov. 8, 2021 /PRNewswire/ -- Pioneer Power Solutions, Inc. (NASDAQ:PPSI) ("Pioneer Power" or the "Company"), a leader in the design, manufacture and distribution of on-site power equipment, distributed generation and Energy infrastructure, today announced the launch of its E-Boost© portfolio of mobile Electric Vehicle (EV) charging solutions for a full range of applications. Nathan Mazurek, Pioneer Power's Chairman and Chief Executive Officer, said, "We are anticipating the rapidly growing demand for high-capacity mobile charging that will be required to support the wide range of EV and mobile power use cases with E-Boost products. The launch of these new offerings further a