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Power Solutions International Inc   (PSIX)
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Power Solutions International Inc

PSIX's Financial Statements and Analysis



Power Solutions International Inc reported in the forth quarter of 2023 net earnings per share of $0.36 a decrease by -10.16 % year on year from $0.41 and an improvement of 7.03 % from $0.34 realized in III. Quarter (Sep 30 2023).


forth quarter of 2023
Earnings Per Share Revenues
$ 0.36 $  107 Mill
$-0.05     -10.16 % $-30M     -22.24 %



Power Solutions International Inc 's Revenue fell by -22.24 % in forth quarter of 2023 (Dec 31 2023) year on year, to $107 million and declined by -7.28 % sequentially.


Power Solutions International Inc is Expected to report next financial results on April 13, 2024.

More on PSIX's Income Statement



Power Solutions International Inc 's net income of $8.370 million in the forth quarter of 2023 decreased by -10.18 % from net earnings of $9.319 million achieved in IV. Quarter a year ago.

Sequentially net earnings grew by 7.38 % from net income of $7.795 million realized in previous quarter.

More on PSIX's Growth

Power Solutions International Inc Inventories
Inventories declined by -29.54 % to $84.95 million from IV. Quarter a year ago, sequentially inventories fell by -10 %. In Dec 31 2023 company's net cash and cash equivalents decreased by $-9 million, capital expenditures fell by -0.363549.59%, to $-2 millions compare to same quarter a year ago

More on PSIX's Cash flow Statement


Power Solutions International Inc does not pay out common stock dividend.

In trailing twelve-month period Power Solutions International Inc earned $ 3.08 cash per share, on a free-cash flow basis 270.4 % of net earning per share.


Tangible Book value grew to $ -1.65 per share from $ -2.02.

Company repurchased 0.10 million shares or 0.43 % in Dec 31 2023.
Interest Coverage Ratio was 2.59. Debt Coverage Ratio was 159.26.

More on PSIX's Dividends

 Market Capitalization (Millions) 49
 Shares Outstanding (Millions) 23
 Total Debt (Millions $) 0
 Revenue (TTM) (Millions $) 459
 Net Income (TTM) (Millions $) 26
 Cash Flow (TTM) (Millions $) -1
 Capital Exp. (TTM) (Millions $) -5
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 819




Power Solutions International Inc does not pay out common stock dividend.

In trailing twelve-month period Power Solutions International Inc had $ 3.08 cash flow per share, on a free-cash flow basis 270.4 % of net earning per share.


Tangible Book value grew to $ -1.65 per share from $ -2.02.

Company repurchased 0.10 million shares or 0.43 % in Dec 31 2023.
Interest Coverage Ratio was 2.59. Debt Coverage Ratio was 159.26.

More on PSIX's Balance Sheets

 Market Capitalization (Millions) 49
 Shares Outstanding (Millions) 23
 Total Debt (Millions $) 0
 Revenue (TTM) (Millions $) 459
 Net Income (TTM) (Millions $) 26
 Cash Flow (TTM) (Millions $) -1
 Capital Exp. (TTM) (Millions $) -5
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 819
   


  News about Power Solutions International Inc Earnings

Power Solutions International Inc Faces Revenue Deterioration in Fourth Quarter of 2023

Power Solutions International Inc (PSI), a leading manufacturer and distributor of alternative fuel power systems, has recently announced the appointment of Randall D. Lehner as its General Counsel. This decision by PSI's Board of Directors highlights the company's commitment to strengthening its legal team and ensuring compliance with regulations.
Lehner's appointment is expected to have a significant impact on the future results of Power Solutions International Inc. With his wealth of legal expertise and experience, he is poised to provide crucial guidance and support to the company. As General Counsel, Lehner will be responsible for ensuring compliance with regulations and safeguarding the company's i...

Power Solutions International Inc Faces Decline in Revenue During Third Quarter of 2023 Earnings Season

Power Solutions International Inc (PSIX) has displayed impressive financial performance in the July to September 30, 2023 period. The company's net profit per share more than doubled by 142.86% to $0.34 per share compared to $0.14 in the previous year. Additionally, their income grew by 21.43% from $0.28 per share in the previous reporting period.
However, PSIX experienced a decline in revenue, with a decrease of -8.002% to $114.91 million compared to $124.90 million in the same reporting period a year ago. Sequentially, the revenue decreased by -5.001% from $120.95 million. This decline in revenue contrasted with the 4.40% improvement seen in the remainder of the Auto and Truck Parts industry during th...

EPS Skyrockets by 366.67% at Power Solutions International Inc in the Auto & Truck Parts Sector During Latest Fiscal Period

Power Solutions International Inc (PSIX) has recently reported its second-quarter earnings for the period between April to June 2023, and while the company delivered impressive income growth, its revenue growth is concerning. Income per share soared by a staggering 366.67% at $0.28 per share, while revenue only increased slightly by 0.394% to $120.95 million compared to the same period a year prior.
The underwhelming revenue growth raises doubts about the company's performance compared to its competitors in the Auto and Truck Parts sector. When analyzing the sector as a whole, it becomes evident that Power Solutions International Inc has fallen behind its contemporaries, who boasted a revenue growth of 1...

Power Solutions International Inc Achieves Dramatic Turnaround, Reporting Positive Net Income of $3.724 Million

Power Solutions International Inc (PSI) is a leading designer and manufacturer of engines and power systems for a variety of industrial applications. The company serves customers in a wide range of industries, including energy, industrial, and transportation, among others. PSI has a reputation for delivering high-quality, dependable products that meet the needs of its customers.
PSI recently released its financial results for the most recent fiscal period, showing that its profits turned positive, with a net income of $3.724 million. This represents a significant improvement over the previous fiscal period, which saw a net deficit of $-2.599 million. Additionally, PSI's revenue grew by 17.708% to $116.47...


Date modified: 2024-03-15T06:36:12+00:00





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