Latest news with #PPSI
Business Insider
16 hours ago
- Business
- Business Insider
PPSI Earnings: Pioneer Power Solutions Stock Surges 55% on Q2 Results
Pioneer Power Solutions (PPSI) stock took off on Friday following the release of the electrical power solutions company's Q2 2025 earnings report. It reported revenue of $8.4 million, which was well above the $6.89 million that Wall Street expected. The company's revenue also represented a 147% increase year-over-year from $3.4 million. This strong revenue growth was attributed to increased sales of the company's e-Boost mobile electric vehicle (EV) charging solutions. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Nathan Mazurek, Chairman and CEO of Pioneer Power Solutions, said, 'Demand for Pioneer's solutions remains strong, driven by targeted marketing and sales efforts focused on segments actively investing in electrification. We are engaging directly with state and local fleet operators, school districts, key robotaxi service providers and other organizations that are not just planning for an electric future but deploying capital to make it real.' Pioneer Power Solutions stock was up 54.66% in pre-market trading on Friday, following a 4.01% dip yesterday. Traders will note the stock has fallen 24.7% year-to-date and 30.58% over the past 12 months. Today's earnings brought heavy trading to PPSI stock, as some 35 million shares changed hands, compared to a three-month daily average of about 58,000 units. Pioneer Power Solutions Guidance Pioneer Power Solutions reaffirmed its revenue outlook for 2025 in its latest earnings report. The company expects revenue for the year to range from $27 million to $29 million. With a midpoint of $28 million, this should surpass Wall Street's revenue estimate of $27.82 million for 2025. Is Pioneer Power Solutions Stock a Buy, Sell, or Hold? Turning to Wall Street, the analysts' consensus rating for Pioneer Power Solutions is Moderate Buy, based on two Buy and one Sell rating over the past three months. With that comes an average PPSI stock price target of $8.17, representing a potential 162.70% upside for the shares. These ratings and price targets will likely change as analysts update their coverage following today's earnings report.
Yahoo
2 days ago
- Business
- Yahoo
Pioneer Power Solutions Inc (PPSI) Q2 2025 Earnings Call Highlights: Surging Revenue and ...
Revenue: $8.4 million, a 150% increase year-over-year. Gross Profit: $1.3 million, with a gross margin of approximately 16%. Net Loss from Continuing Operations: $1.2 million, an improvement of approximately $500,000 from the previous year. Non-GAAP Operating Income from Continuing Operations: $218,000, compared to a non-GAAP operating loss of $137,000 in the same quarter of 2024. Total Backlog: Approximately $18 million, a decline of 23% compared to the prior quarter. Cash on Hand: $18 million as of June 30, 2025. Working Capital: Approximately $24 million as of June 30, 2025. Full Year Revenue Guidance: Reaffirmed at $27 million to $29 million for 2025. Warning! GuruFocus has detected 4 Warning Signs with PPSI. Release Date: August 14, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Revenue increased 150% year-over-year to $8.4 million, indicating strong financial performance. Non-GAAP operating income from continuing operations was a positive $218,000, showing profitability improvement. Successful execution of a 25-unit e-Boost order for a large public-school district, supporting their electric school bus fleet. Introduction of HOMe-Boost, a new product aimed at residential and light commercial markets, expected to drive growth in 2026. Strong sales pipeline with opportunities in government agencies, transit authorities, and the robotaxi segment, indicating future growth potential. Negative Points Total backlog declined by 23% compared to the prior quarter, primarily due to the fulfillment of several large orders. Operating loss from continuing operations remained at $1.7 million, unchanged from the previous year. Gross margin decreased to approximately 16% from 19% in the previous year, despite increased gross profit. Cash on hand decreased significantly from $41.6 million to $18 million due to a special cash dividend and tax payments. Launch of HOMe-Boost has been delayed, with no revenue expected from it in 2025, potentially impacting short-term growth. Q & A Highlights Q: Can you provide more details on the e-Boost order with the charging services company, which could be up to $10 million? A: The variables include the sizes and timing of the units they want. We've fixed pricing for buying and leasing and are holding certain inventory for them. We try to get a fix on what they think they'll use over a 24-month period and lock everyone into certain parameters. - Nathan Mazurek, CEO Q: How does the pipeline mature, and what is the timing for these potential orders? A: We'll announce significant developments in the coming months. Government agencies work at different paces, but they are committed to going electric. Private businesses move faster, and the robotaxi market is now a significant and fast-moving opportunity for us. - Nathan Mazurek, CEO Q: What are the milestones for the HOMe-Boost product launch, and how do you see it rolling out? A: The launch has been delayed due to mechanical and electrical adjustments. We don't expect revenue from HOMe-Boost in 2025 but anticipate orders in 2025, with acceleration in early 2026. It should become a meaningful revenue contributor in 2026. - Nathan Mazurek, CEO Q: Should we expect margins to stay at current levels or improve, given that initial buildup costs are now out of the way? A: We aim to improve margins. They should not decrease and are expected to improve in the third and fourth quarters. - Nathan Mazurek, CEO Q: How will you manage the increased interest and demand with your current capacity? A: For large orders, we use contract manufacturers, like the one in Los Angeles for the 25-unit order. We plan to use a mix of internal production and contract manufacturing, with no current plans to expand capacity in Minneapolis. - Nathan Mazurek, CEO For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Yahoo
2 days ago
- Business
- Yahoo
Pioneer Power Solutions Inc (PPSI) Q2 2025 Earnings Call Highlights: Surging Revenue and ...
Revenue: $8.4 million, a 150% increase year-over-year. Gross Profit: $1.3 million, with a gross margin of approximately 16%. Net Loss from Continuing Operations: $1.2 million, an improvement of approximately $500,000 from the previous year. Non-GAAP Operating Income from Continuing Operations: $218,000, compared to a non-GAAP operating loss of $137,000 in the same quarter of 2024. Total Backlog: Approximately $18 million, a decline of 23% compared to the prior quarter. Cash on Hand: $18 million as of June 30, 2025. Working Capital: Approximately $24 million as of June 30, 2025. Full Year Revenue Guidance: Reaffirmed at $27 million to $29 million for 2025. Warning! GuruFocus has detected 4 Warning Signs with PPSI. Release Date: August 14, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Revenue increased 150% year-over-year to $8.4 million, indicating strong financial performance. Non-GAAP operating income from continuing operations was a positive $218,000, showing profitability improvement. Successful execution of a 25-unit e-Boost order for a large public-school district, supporting their electric school bus fleet. Introduction of HOMe-Boost, a new product aimed at residential and light commercial markets, expected to drive growth in 2026. Strong sales pipeline with opportunities in government agencies, transit authorities, and the robotaxi segment, indicating future growth potential. Negative Points Total backlog declined by 23% compared to the prior quarter, primarily due to the fulfillment of several large orders. Operating loss from continuing operations remained at $1.7 million, unchanged from the previous year. Gross margin decreased to approximately 16% from 19% in the previous year, despite increased gross profit. Cash on hand decreased significantly from $41.6 million to $18 million due to a special cash dividend and tax payments. Launch of HOMe-Boost has been delayed, with no revenue expected from it in 2025, potentially impacting short-term growth. Q & A Highlights Q: Can you provide more details on the e-Boost order with the charging services company, which could be up to $10 million? A: The variables include the sizes and timing of the units they want. We've fixed pricing for buying and leasing and are holding certain inventory for them. We try to get a fix on what they think they'll use over a 24-month period and lock everyone into certain parameters. - Nathan Mazurek, CEO Q: How does the pipeline mature, and what is the timing for these potential orders? A: We'll announce significant developments in the coming months. Government agencies work at different paces, but they are committed to going electric. Private businesses move faster, and the robotaxi market is now a significant and fast-moving opportunity for us. - Nathan Mazurek, CEO Q: What are the milestones for the HOMe-Boost product launch, and how do you see it rolling out? A: The launch has been delayed due to mechanical and electrical adjustments. We don't expect revenue from HOMe-Boost in 2025 but anticipate orders in 2025, with acceleration in early 2026. It should become a meaningful revenue contributor in 2026. - Nathan Mazurek, CEO Q: Should we expect margins to stay at current levels or improve, given that initial buildup costs are now out of the way? A: We aim to improve margins. They should not decrease and are expected to improve in the third and fourth quarters. - Nathan Mazurek, CEO Q: How will you manage the increased interest and demand with your current capacity? A: For large orders, we use contract manufacturers, like the one in Los Angeles for the 25-unit order. We plan to use a mix of internal production and contract manufacturing, with no current plans to expand capacity in Minneapolis. - Nathan Mazurek, CEO For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Yahoo
25-06-2025
- Automotive
- Yahoo
Pioneer Power secures $10M order from Charging-as-a-Service company
Pioneer Power (PPSI) announced an award from a U.S. Charging-as-a-Service company valued at approximately $10M. Pioneer expects to deliver approximately $2M of equipment to the CaaS company in 2025, with the remaining value of the award expected to be completed in 2026 and 2027. This new award builds on the two companies' ongoing efforts to accelerate the adoption of clean, on-demand energy solutions in the EV space. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders' Hot Stocks on TipRanks >> Read More on PPSI: Disclaimer & DisclosureReport an Issue Pioneer Power Solutions: Strategic Growth and Market Expansion Drive Buy Rating Pioneer Power's Earnings Call: Growth Amid Challenges Pioneer Power Reports Strong Q1 Revenue Growth Pioneer Power backs FY25 revenue view $27M-$29M, consensus $27.79M Pioneer Power reports Q1 EPS (9c), consensus (5c)
Yahoo
20-05-2025
- Business
- Yahoo
Pioneer Power Solutions Inc (PPSI) Q1 2025 Earnings Call Highlights: Revenue Surge Amidst ...
Revenue: $6.7 million in Q1 2025, up 103% from $3.3 million in Q1 2024. Gross Profit: $148,000 in Q1 2025, down from $535,000 in Q1 2024. Gross Margin: Approximately 2% in Q1 2025, compared to 16% in Q1 2024. Operating Loss from Continuing Operations: $2.3 million in Q1 2025, compared to $1.7 million in Q1 2024. Non-GAAP Operating Loss from Continuing Operations: $989,000 in Q1 2025, compared to $319,000 in Q1 2024. Net Loss from Continuing Operations: $2.1 million in Q1 2025, compared to $1.7 million in Q1 2024. Cash on Hand: $25.8 million as of March 31, 2025, down from $41.6 million as of December 31, 2024. Working Capital: $26.2 million as of March 31, 2025, compared to $26.7 million as of December 31, 2024. Backlog: $23.2 million at the end of Q1 2025, an 18% increase from the prior quarter. Full Year 2025 Revenue Guidance: Reaffirmed at $27 million to $29 million. Warning! GuruFocus has detected 4 Warning Signs with PPSI. Release Date: May 19, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Pioneer Power Solutions Inc (NASDAQ:PPSI) reported a significant increase in first-quarter revenue, more than doubling to $6.7 million, driven by strong demand for their on-site power solutions. The company completed the initial delivery of 10 e-Boost units to a major public school district, marking a landmark order for mobile EV charging systems. PPSI's total backlog increased by 18% to $23.2 million, indicating strong future demand and a growing sales pipeline. The company is actively engaging with municipalities, transit authorities, and major national package delivery providers, expanding their market reach. PPSI is preparing to launch a new product, HOMe-Boost, which is expected to drive growth and innovation in the residential and light commercial energy markets. Pioneer Power Solutions Inc (NASDAQ:PPSI) experienced a decrease in gross profit margin to approximately 2% in the first quarter, down from 16% in the same quarter last year, due to higher initial costs of the e-Boost units. The company reported an operating loss from continuing operations of $2.3 million, an increase from the $1.7 million loss in the previous year. PPSI's net loss from continuing operations increased to $2.1 million compared to $1.7 million in the first quarter of 2024. Cash on hand decreased significantly from $41.6 million at the end of 2024 to $25.8 million as of March 31, 2025, primarily due to a special cash dividend payment. The company faces challenges in scaling production and distribution, requiring reliance on channel partners and external manufacturers to meet demand. Q: On the margin in the quarter, how do you see margins recovering, and where do you think you can get the margins to for this product line? A: Nathan Mazurek, CEO: The margins in the last quarter were indicative of what we aim for, especially with the e-Boost product. The second half of the year should see better contributions as we are not overwhelmed by large orders. Margins should recover to something similar to the fourth quarter of last year. Q: Regarding the e-Boost pipeline, how do you characterize the current activity, and when do you need to close deals to impact 2026 revenue? A: Nathan Mazurek, CEO: By the end of June, we need to close deals to impact 2026 revenue. After that, most activities will be oriented towards 2026, except for smaller, less customized orders. Q: How is the HOMe-Boost pipeline shaping up, and when will you start seeing order flow? A: Nathan Mazurek, CEO: HOMe-Boost is still launching in the second half of the year. We are gearing up for a strong launch, and while it doesn't factor into our 2025 guidance, we hope to see order success in the second half of 2025 with deliveries in 2026. Q: Can HOMe-Boost work with solar panels for complete grid disconnection? A: Nathan Mazurek, CEO: Yes, HOMe-Boost can operate in island mode, allowing users to disconnect from the grid if they choose, as long as they have a natural gas connection. Q: Is e-Boost a temporary solution, and how long will this market last? A: Nathan Mazurek, CEO: The grid gap is expected to last for at least the next five years. Customers see value in the mobility and optionality of e-Boost, and even if they have grid connections, they often can't get enough power for fast charging, making e-Boost a viable solution. Q: How do you see your focus in 2026 with the growth of e-Boost and HOMe-Boost? A: Nathan Mazurek, CEO: HOMe-Boost is expected to be a significant focus, occupying about 50% of our management's attention. We believe it could be a larger and more profitable product, and we are preparing for its market introduction. Q: How is your distribution network evolving, especially with the introduction of HOMe-Boost? A: Nathan Mazurek, CEO: We use a mix of direct sales and channel partners to reach municipalities and businesses. For HOMe-Boost, we are exploring various distribution strategies and expect the market to guide us in optimizing our approach. Q: Is using e-Boost with an internal combustion engine still cost-effective compared to diesel? A: Nathan Mazurek, CEO: Yes, using natural gas with e-Boost is cheaper than diesel, both in terms of energy cost and emissions, making it a more sustainable option. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
