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NASDAQ:PSIX

Power Solutions International Q3 2024 Earnings Report

Power Solutions International logo
$84.03 +1.74 (+2.11%)
As of 04:00 PM Eastern

Power Solutions International EPS Results

Actual EPS
$0.75
Consensus EPS
N/A
Beat/Miss
N/A
One Year Ago EPS
N/A

Power Solutions International Revenue Results

Actual Revenue
$125.84 million
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
N/A

Power Solutions International Announcement Details

Quarter
Q3 2024
Time
After Market Closes
Conference Call Date
Wednesday, November 6, 2024
Conference Call Time
6:00PM ET

Power Solutions International Earnings Headlines

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About Power Solutions International

Power Solutions International (NASDAQ:PSIX) (NASDAQ: PSIX) is a global designer and manufacturer of advanced powertrains and propulsion systems for specialty vehicle applications. The company’s core business centers on the development, production and integration of diesel and alternative fuel engines, electric motors, power electronics, supervisory controls and complete hybrid and electric drive systems. These solutions are tailored to meet the demanding performance, emissions and fuel-efficiency requirements of commercial, off-highway and vocational equipment markets.

PSI’s product portfolio includes complete integrated propulsion platforms that combine engines, generators, inverters, batteries and control software to deliver modular hybrid and full electric drivetrains. In addition to turnkey powertrain packages, the company supports its customers with aftermarket parts, service programs and technical assistance. PSI’s offerings serve a wide range of end uses, including refuse collection vehicles, airport ground support equipment, terminal tractors, shuttle buses and off-road equipment in both new vehicle production and retrofit retrofit markets.

Founded in 2007 and headquartered in Wood Dale, Illinois, PSI has established regional operations and manufacturing sites in the United States, Europe and Asia to support global vehicle builders and fleet operators. The company has strategically partnered with major chassis and vehicle OEMs to deliver certified propulsion solutions that comply with stringent emissions standards in North America, Europe and select Asian markets. This international footprint enables PSI to respond quickly to customer requirements and regulatory shifts.

Under the leadership of an experienced executive team with deep expertise in powertrain engineering and commercial vehicle markets, PSI continues to expand its hybrid and electric product lines. The company’s management emphasizes innovation and collaboration, working closely with technology partners, research institutions and end users to advance electrification and optimize system performance. Through ongoing investment in R&D and manufacturing capabilities, Power Solutions International aims to strengthen its position as a leading supplier of sustainable transport and industrial power solutions.

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