Roth Capital Cuts Price Target on Power Solutions (PSIX) to $75 Following In-Line EPS

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Go back to Roth Capital Cuts Price Target on Power Solutions (PSIX) to $75 Following In-Line EPS

Power Solutions (PSIX) Reports In-Line Q2 EPS

August 5, 2015 5:40 PM EDT

Power Solutions (NASDAQ: PSIX) reported Q2 EPS of $0.19, in-line with the analyst estimate of $0.19. Revenue for the quarter came in at $94.6 million versus the consensus estimate of $86.98 million.

"We delivered solid revenue and profit while integrating three acquisitions and battling... More