Pioneer Power (PPSI) Misses Q2 EPS by 3c
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Pioneer Announces 13.1% Revenue Growth, Record Backlog for Second Quarter of 2016
August 11, 2016 4:05 PM EDTFORT LEE, N.J., Aug. 11, 2016 /PRNewswire/ -- Pioneer Power Solutions, Inc. (Nasdaq: PPSI) ("Pioneer" or the "Company"), a company engaged in the manufacture, sale and service of electrical transmission, distribution and on-site power generation equipment, today announced its financial results for the second quarter and year-to-date periods ended June 30, 2016.
Nathan Mazurek, Pioneer's Chairman and Chief Executive Officer, said, "This represents the third consecutive quarter that we have delivered results that reflect the underlying sales and earnings power of Pioneer. We achieved a double-digit increase in sales in the second quarter,... More
