Education
About Us
Working with TipRanks
Follow Us
Pioneer Power Solutions (PPSI)
NASDAQ:PPSI
Earnings Data
Report Date
May 19, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
-0.1Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Apr 15, 2025
|% Change Since: -2.94%
|Next Earnings Date:May 19, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted significant revenue growth, a strong cash position, and improvements in operating income. However, ongoing challenges include operating and net losses from continuing operations. Despite these challenges, the company's strategic moves and financial improvements point towards a positive trajectory.Company Guidance
During the conference call, Pioneer Power provided guidance for 2025, projecting revenue between $27 million and $29 million, with a quarterly cadence of $6 million to $8 million. This guidance is primarily driven by their e-Boost product sales, rentals, and service and maintenance revenues. The company reported that for 2024, revenue from continuing operations was $22.9 million, reflecting a 106% increase from 2023. The strong performance was attributed to the growth of the e-Boost business, which accounted for $22.9 million in revenue, significantly up from $11.1 million in 2023. The fourth quarter alone saw a 265% year-over-year revenue growth, with $9.8 million in revenue. Pioneer Power also highlighted a backlog of $19.8 million at the end of 2024, a 19% increase compared to the previous year, reinforcing their confidence in achieving or surpassing the 2025 revenue guidance. The company emphasized that the guidance does not factor in revenue from their new HOMe-Boost product, indicating potential additional upside.Sale of Pioneer Custom Electrical Products Unit
Sold the PSEP unit for $50 million in cash and equity, including a 6% stake in Mill Point's new Volterra's energy transition platform.
e-Boost Revenue Growth
e-Boost revenue reached $22.9 million in 2024, more than doubling from $11.1 million in 2023 and significantly up from $1 million in 2022.
Impressive Year-over-Year Revenue Growth
Fourth quarter revenue grew 265% year-over-year, and full year 2024 revenue increased by 106% compared to 2023.
Strong Cash Position
Cash on hand was $41.6 million as of December 31, 2024, with zero bank debt.
Backlog Increase
The Critical Power segment had a total backlog of $19.8 million at the end of 2024, an increase of 19% compared to the end of 2023.
Non-GAAP Operating Income Improvement
Generated $1.7 million of non-GAAP operating income in 2024, a significant improvement from a $1.3 million loss in 2023.
---
PPSI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
PPSI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 15, 2025 | $2.72 | $2.64 | -2.94% |
| Nov 14, 2024 | $4.64 | $4.63 | -0.22% |
| Oct 30, 2024 | $5.00 | $4.64 | -7.20% |
| May 13, 2024 | $3.01 | $3.03 | +0.66% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Pioneer Power Solutions (PPSI) report earnings?
Pioneer Power Solutions (PPSI) is schdueled to report earning on May 19, 2025, TBA Not Confirmed.
What is Pioneer Power Solutions (PPSI) earnings time?
Pioneer Power Solutions (PPSI) earnings time is at May 19, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PPSI EPS forecast?
Currently, no data Available
---