Power Solutions (PSIX) Posts Q1 Loss of 60c/Share
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Power Solutions International, Inc. Reports First Quarter 2016 Results
May 9, 2016 4:10 PM EDTFirst Quarter Net sales of $61.8 million Working Capital Improvement Contributes to Operating Cash Flow of $10.0 million  Net Debt Reduction of $9.7 million
WOOD DALE, Ill., May 09, 2016 (GLOBE NEWSWIRE) -- Power Solutions International, Inc. (Nasdaq: PSIX), a leader in the design, engineer and manufacture of emissions-certified alternative-fuel and conventional power systems, today announced its financial results for the first quarter ended March 31, 2016.
Our first quarter revenues were in line with our expectations and reflected the continued softness in the oil and gas end market, commented Gary Winemaster, Chief Executive Officer. We... More
