Pioneer Power (PPSI) Misses Q1 EPS by 1c

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Pioneer Power Increases Revenue 72%, Triples Gross Margin, as e-Bloc and E-BOOST EV-Charging Solutions Drive Growth

May 16, 2022 4:06 PM EDT

Backlog Increases to $24 Million, Largest Since Sale of Transformer Business, Reflecting Demand for e-Bloc and E-BOOST Products

FORT LEE, N.J., May 16, 2022 /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 first quarter ended... More