Power Solutions International: Record Growth, Strengthening Balance Sheet, And Room To Run
- Power Solutions International: Record Growth, Strengthening Balance Sheet, And Room To Run
- 08/13/2025
|
2 Stocks to Play AI's Insane Need for New Power: American Superconductor & Power Solutions International
- In the most recent episode of the AI Investor Podcast, we analyzed stocks that could be the biggest winners solving the energy bottleneck in America as AI data centers take off.
- 08/11/2025
|
Power Solutions: Blowout Q2'25 Earnings Suggest The Rally Maybe Far From Over
- PSIX delivered record Q2'25 results, driven by 115% growth in its power system segment, significantly beating market expectations. I expect continued topline growth as PSIX capitalizes on robust demand in data centers and oil & gas, with power systems now over 80% of revenue. Short-term margin pressure from production ramp-up is likely, but operational efficiency and volume growth should drive margin expansion and bottom-line gains ahead.
- 08/11/2025
|
Power Solutions International, Inc. Secured $135 Million Long-Term Committed Credit Facility to Support Strategic Growth
- WOOD DALE, Ill., Aug. 11, 2025 (GLOBE NEWSWIRE) -- Power Solutions International, Inc. (“PSI” or the “Company”) is excited to announce a significant financial milestone. On July 30, 2025, PSI entered into a Second Amendment (the “Amendment”) to its existing Uncommitted Revolving Credit Agreement with Standard Chartered Bank, acting as administrative agent alongside participating lenders (collectively, the “Lenders”). This newly Amended Credit Agreement increases PSI's committed borrowing capacity to $135.0 million, providing enhanced flexibility and strategic firepower to support our continued growth and innovation. The agreement now extends through July 30, 2027, solidifying our financial foundation for the next two years.
- 08/11/2025
|
Power Solutions International: Buy On Persistent Data Center Tailwinds
- In recent quarters, shares of Power Solutions International have rallied by more than 2,000% due to accelerating demand for the company's data center backup power solutions. Last week, PSI reported another set of strong quarterly results with revenues and profitability reaching new all-time highs. With higher manufacturing capacity in place and persistently strong data center customer demand, quarterly sales might actually exceed $200 million going forward.
- 08/10/2025
|
Power Solutions (PSIX) Q2 Sales Jump 74%
- Power Solutions (PSIX) Q2 Sales Jump 74%
- 08/08/2025
|
Power Solutions International Announces Record Second Quarter 2025 Financial Results
- Quarter Sales of $191.9 million, up 74% from a year earlier, Quarter Net Income of $51.2 million, up 138% from a year earlier, Diluted EPS $2.22 for the Quarter, up 136% from a year earlier, Resolution of going concern with $29.2 million net income and $1.27 EPS impact , Reduced debt $15.0 million for the Quarter WOOD DALE, Ill., Aug. 07, 2025 (GLOBE NEWSWIRE) -- Power Solutions International, Inc. (the “Company” or “PSI”) (Nasdaq: PSIX), a leader in the design, engineering and manufacture of emission-certified engines and power systems, announced its record financial results for the second quarter 2025.
- 08/07/2025
|
Meme Stock Live: Opendoor, GoPro, and Krispy Kreme To See Massive Stock Movements on Wednesday
- Live Updates Live Coverage Updates appear automatically as they are published. Midday Check 12:28 pm by Eric Bleeker We are officially at the halfway mark of the trading day. Overall, it has been a good day for stocks. The Russell 2000 is leading all major indexes, which is positive for smaller momentum stocks. Of course, meme stocks trade under different dynamics, so we’re seeing a big performance divide between stocks like Opendoor and GoPro. Opendoor: Still trading down for the day, but shares have bounced off a low point of $2.08 per share. Shares are currently down 21% and trading for $2.28. GoPro: Has been fading throughout the day. GoPro was up more than 80% premarket and its gains have evaporated steadily throughout trading. Currently shares are up about 16%. Krispy Kreme: Faces a similar story to GoPro, shares opened up more than 35% but have faded. Currently, the stock is up 9% on the day. Morning Update 10:13 am by Eric Bleeker Markets have been open about 45 minutes, so let’s take a look at some of the most popular names today: Rocket Companies: Was up 7% premarket after it became the top trending stock on Wallstreetbets, but gains have faded. Shares are now flat. Opendoor: Down about 17% and has been trading fairly consistently since its initial drop shortly after the market opened. GoPro: Up 50%. A similar story to Opendoor, it saw a steep decline at the open and shares have been trading in a relatively steady range since. Krispy Kreme: Up 20% so far this morning. Share saw a surge between 9:55 a.m. and 10:10 a.m. Kohl‘s: Shares continue to trend down after yesterday’s big gains and have currently lost 15%. We’d assume anyone buying shares of meme stocks knows the risks at this point, but Opendoor and Kohl’s both show the quick losses that can happen after massive buying pressure slows down. Other Stocks on the Move 9:50 am by Eric Bleeker Beyond ‘meme stocks’ there are some stocks making large moves today. GE Vernova (NYSE: GEV) is one of the companies best levered to the growth in power from AI data centers. Its stock is up 14% today after outstanding earnings. A smaller stock playing the same trend is Power Solutions International (Nasdaq: PSIX). It’s up 8% today largely thanks to tailwinds from GEV. Markets Look Strong Today Overall 9:38 am by Eric Bleeker After some rotation out of risky assets yesterday, markets look pretty strong today. The S&P 500 is up .37%. That should be a ‘tailwind’ for most momentum stocks. Nothing But Red for Opendoor 9:34 am by Eric Bleeker The market open today is especially brutal for Opendoor. Shares were trading hands for $2.59 in premarket but immediately dropped to $2.37. There’s been a slight rebound, but the stock is currently down 15%. Krispy Kreme Premarket Gains Not Holding 9:32 am by Eric Bleeker The market just opened and as we expected, there is extreme volatility in most the meme stock names we’ve been covering. Krispy Kreme was trading for $5.88 premarket but is now trading for $5.40. GoPro hit $2.60 premarket but is now trading for $2.20. We’ll continue monitoring price action as the day goes. Market is Opening 9:27 am by Eric Bleeker The market is opening and here’s where some of the most notable meme stocks stand: Opendoor: Down 12% GoPro: Up 72% Kohl’s: Down 2% Krispy Kreme: Up 42% Expect significant movement in names like GoPro and Krispy Kreme within the first 15 minutes of trading. Rocket Companies Up 7% Premarket 9:24 am by Eric Bleeker Rocket Companies is the most discussed stock right now on Wallstreetbets and is seeing strong gains premarket. The stock is up about 7%. That might look like a lot less interest than GoPro, but keep in mind that Rocket is a $34 billion company, so stock movements won’t be as dramatic as a tiny microcap like GoPro. What about Opendoor? 9:12 am by Eric Bleeker We’ve been tracking Opendoor in recent days and it appears investor interest is fading. Altindex currently has the company ranked the fourth most discussed stock on Wallstreetbets (it was first yesterday). With fading interest, Opendoor’s stock is declining and is currently down 10% in premarket trading. Here we go again. On Monday, Opendoor (Nasdaq: OPEN) surged thanks in large part to massive call buying volume. Yesterday, it was Kohl‘s (NYSE: KSS) turn. Now today, it looks like GoPro (Nasdaq: GPRO) and Krispy Kreme (NYSE: DNUT) are attracting investor attention. The common theme is beaten-down stocks that could see a massive turnaround. In short, everyone is looking for the next Carvana right now. We’ll be updating this live blog throughout the day with news on the most popular meme stocks, so leave this page open in your browser as updates will be pushed automatically. We’ll look at price action in these companies but also cover other stocks seeing massive investor interest. Buckle up, it’s starting to feel like 2021 again in the markets. GoPro Up 83% in Premarket Trading The stock with the largest share price gains today will likely be GoPro. The company is up 83% as of 9:06 a.m. ET. According to Wallstreetsbet tracking site Altindex, GoPro is currently the third most discussed compnay after Rocket Companies and Kohl’s. Like other companies attracting investor interest right now, GoPro is off significantly from prior highs. The company traded for more than $85 per share in 2014, but closed yesterday trading for $1.37 per share. At market open its market cap will likely be around $400 million, which means GoPro is still a very small stock. Krispy Kreme Joins the Meme Party Altindex currently has Krispy Kreme as the ninth most discussed stock on Wallstreetbets. After rejoining the public markets in 2021, Krispy Kreme is down 78%. Yet, shares are up 36% in premarket trading. As you can imagine with those returns, the company has been struggling. 2025 sales are expected to hit $1.54 billion, a healthy drop from last year’s $1.66 billion in sales. The post Meme Stock Live: Opendoor, GoPro, and Krispy Kreme To See Massive Stock Movements on Wednesday appeared first on 24/7 Wall St..
- 07/23/2025
|
Power Solutions: Projected Growth Points To Further Upside
- Power Solutions is transforming into a data center power provider, driving exceptional revenue and margin growth, with Q1 2025 revenue up 42% year-over-year. The Power Systems segment is the main growth engine. I project it to drive total revenue to sustain a 36% CAGR through 2026, boosting overall profitability. Despite a 693% stock surge, the forward PEG ratio of 0.68 based on the projection signals undervaluation, supporting a Buy rating and a $120 price target (33% upside).
- 07/21/2025
|
Power Solutions International: Solid Margins, Fuel Flexibility, And A Market Still Ignoring The Cash Flow
- Power Solutions International has achieved a strong turnaround: high profitability, reduced debt, and stable cash flows signal robust financial health and operating efficiency. The company is well-positioned in fast-growing segments like data centers and renewable energy, leveraging HVO-ready engines and electrification solutions for a competitive edge. Key catalysts include financial restructuring, index inclusion, and rising demand from AI-driven data centers, supporting long-term growth potential despite cyclical risks.
- 07/19/2025
|
Power Solutions International Poised for 75% Upside
- If you have wondered whether Power Solutions International's NASDAQ: PSIX stock rally is played out or has room to run, the charts say this market is strengthening and has room to run. A lot of room to run.
- 07/12/2025
|
Top 2 Industrials Stocks That May Fall Off A Cliff In Q2
- As of June 18, 2025, two stocks in the industrials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
- 06/18/2025
|
Power Solutions: A Rebound, Yet Still Priced Below Its Potential
- Power Solutions delivered a strong Q1 FY25 with 42% YoY revenue growth and EPS more than doubling, beating estimates for the 13th straight quarter. Topline outlook remains strong for FY25, fueled by high demand in power systems and growing exposure to data center and energy markets. Margins are set to expand further in the quarters ahead, with a favorable mix, strong pricing, and ongoing operational improvements.
- 06/17/2025
|
Power Solutions: Outperforming The Market, Staying Dirt Cheap
- Power Solutions International delivered a stellar Q1 FY2025 with 42% YoY sales growth and a 168% net income surge, driven by strong demand in its power systems segment, especially data centers. Significant gross margin expansion (270 bps to 29.7%) and reduced debt/interest expense highlight improving operating leverage, suggesting future EPS growth could outpace revenue gains. Despite strong performance, current analyst consensus for FY25/26 EPS growth (7.12%/6.31%) lags sales growth (10.34%/8.36%), indicating a potential underestimation of PSIX's capabilities.
- 06/17/2025
|
Power Solutions: 42% Top-Line Growth At A P/E Of 15
- Power Solutions International is transforming from a slow-growth industrial to a high-growth data center energy supplier. The Power Systems segment, now 79% of sales, is driving 42% growth and margin expansion, capitalizing on surging data center demand. Despite declining legacy segments, PSI's strong cash flow, manageable debt, and lack of share dilution support a compelling investment case.
- 06/14/2025
|
Power Solutions International Set to Join Russell 3000®, Russell 2000®, and Russell Microcap® Indexes
- WOOD DALE, Ill., June 09, 2025 (GLOBE NEWSWIRE) -- Power Solutions International, Inc. (the “Company” or “PSI”) (Nasdaq: PSIX), a leader in the design, engineering and manufacture of emission-certified engines and power systems, announced today that it has been tentatively named to the Russell 3000®, Russell 2000® and Russell Microcap® indexes, according to a preliminary list of additions posted by FTSE Russell on June 6.
- 06/09/2025
|
Power Solutions Delivers, Again (Reiterate Buy Rating)
- Power Solutions International has shown remarkable growth, returning over 1,000% in the past year, driven by strong financial performance and strategic realignment. The company's Power Systems segment is the primary growth engine, contributing nearly 80% of total revenues and benefiting from the expanding data center market. Despite geopolitical and macroeconomic uncertainties, PSIX's low valuation and improved profit margins suggest significant potential for further share gains.
- 05/13/2025
|
Power Solutions: My Buy Thesis Has Gone For A Toss
- Power Solutions International's revenue growth is strong, driven by strong demand from its Data Center Products in the Power Systems segment. My earlier margin expansion thesis is not playing out, despite a favorable revenue mix shift, and tariffs can put further pressure here. Broad economy capex indicators and shrinking remaining performance obligations may indicate a reduced pace of growth ahead.
- 05/12/2025
|
Power Solutions International Announces Strong First Quarter 2025 Financial Results
- Quarter Sales of $135.4 million , up 42% from a year earlier,
- 05/08/2025
|
Power Solutions: Stock Is Too Cheap For Its Growth Potential
- Power Solutions International saw strong double-digit growth in its top line, driven by strong demand in the power system business and strategic shifts to high-growth markets. Strategic mix shift and focus on innovation should result in higher volumes in the quarters ahead. The company is expected to experience margin improvements with expected volume growth and its continued focus on enhancing operational efficiency.
- 04/15/2025
|
Power Solutions: Despite Turbulence, I Reiterate The Strong Buy
- I maintain a STRONG BUY rating on Power Solutions, as I believe it remains undervalued. PSIX posted record 4Q24 revenue of $144 million, up 37% YoY, driven by strong demand in the data center markets. Margins are improving due to price increases mitigating inflationary pressures on raw materials and other goods.
- 04/12/2025
|
Power Solutions: Time To Buy The Dip (Rating Upgrade)
- Power Solutions is upgraded to 'Strong Buy' due to a 50% dip in share price, strong Q4 performance, and robust AI tailwinds. PSIX demonstrated 37.7% YoY revenue growth and tripled EPS, driven by operating leverage and data center demand, with a bullish Wall Street sentiment. The P/E ratio is low at just 7.5, with a DCF model indicating a 55% upside potential, making PSIX highly compelling.
- 04/11/2025
|
Power Solutions International Announces Record Fourth Quarter and Record Full Year 2024 Financial Results
- Quarter Sales of $144.3 million , up 38% from a year earlier,
- 03/24/2025
|
Power Solutions: Undervalued, Profiting More, Benefiting From Demand
- Power Solutions International is a buy due to its undervaluation in an overvalued market and strong earnings growth, especially from data centers. Despite stagnant revenue, PSIX's operating income and gross margin have significantly improved, showcasing efficient financial management and profitability. The rising demand for energy, particularly from data centers, positions PSIX well for future growth, supported by their diverse and clean fuel-powered products.
- 03/20/2025
|
Power Solutions stock price analysis: key targets ahead of earnings
- The Power Solutions stock price has bounced back in the past few days as market participants waited for its quarterly and annual financial results. The PSIX stock rose to $35 on Wednesday, up by 42% from its lowest level this month.
- 03/20/2025
|
Power Solutions: What To Note Ahead Of The Q4 Results
- Power Solutions International has seen a 14x spike in its share price over the past year, comfortably outperforming other small-caps and industrial stocks. PSIX is due to announce results towards the end of this week, and we cover the major themes that could dominate the event. For the degree of earnings growth on offer in FY25, PSIX's P/E multiple does not look very compelling.
- 03/19/2025
|
3 Stocks With High ROE and Market-Beating Growth Potential
- As of March 11, U.S. markets are quickly approaching correction territory with several consecutive days of selloffs amid broad uncertainty about tariffs and other economic factors. In these scenarios, investors may be inclined to sell before prices drop too far, holding cash or equivalents until the market seems safe enough to enter once again; they may also turn to defensive plays in the meantime.
- 03/16/2025
|
Power Solutions: The Rally Is Not Over Yet
- Expecting PSIX's net margins to improve beyond FY2024-2025 as data center revenue share grows, I see a significant upside from the current stock price. PSIX's focus on high-growth markets like data centers and oil & gas has driven significant revenue and margin improvements, with a 120.5% YoY EPS growth. Despite macro and regulatory risks, PSIX's financial health is solid with increasing cash reserves and decreasing net debt, supporting future growth.
- 02/13/2025
|
Top 10 Small-Cap Stocks Amid Market Turbulence
- Small-cap stocks are trading at historically low valuations, with the S&P 600 index TTM at a 15.33 discount compared to the 30.16 for large-cap S&P 500. While large-cap stocks outperformed small-caps in 2024, small-caps rallied double-digits through year-end, gaining against mega-caps. Despite 2025's market volatility, small-cap capitulation may be on the horizon, and we have ten stocks poised for potential upside that are Quant-rated Strong Buy.
- 02/05/2025
|
Power Solutions: Despite Incredible Run, I See Around 60% Upside
- Power Solutions International found a profitable niche in helping build Data Centers. This greatly improved the company's margins, increasing EPS. Being a relatively unknown small-cap, Power Solutions still trades at a deep discount to peers despite improving its operations.
- 01/22/2025
|
MoneyShow's Best Investment Ideas For 2025: Part 4
- MoneyShow presents top investment ideas for 2025 from their contributors. This year's edition presents a broad mix of theme-based stock picks, momentum-driven high-flyers and beaten-up stocks with turnaround potential, along with some speculative plays and ETFs. Part 4 includes S&P Global, Power Solutions International, Heliostar Metals, Ryanair, BYD and Meta Platforms, among others.
- 01/17/2025
|
Power Solutions: Great Growth And Margin Expansion Prospects
- New data center projects are being announced every week, and hyperscalers are investing heavily in expanding their capacity. These data center trends are likely to boost growth in Power Systems. Continued mix shift toward the higher-margin Power Systems segment is a lever for structural gross margin expansion. PSIX's 1-yr fwd PE valuations are at a discount vs historical ranges, and the stock is supported by earnings growth upgrades.
- 01/15/2025
|
Power Solutions Announces Uplisting to The Nasdaq Stock Market
- Power Solutions International announced today that The Nasdaq Stock Market LLC (“Nasdaq”) has approved its application for uplisting its common stock.
- 12/24/2024
|
Power Solutions International: I Reiterate Buy Rating On This Dip
- Power Solutions International, Inc. is a market leader in fuel-efficient engines and power systems, with strong fundamentals and impressive growth in data centers and O&G sectors. Despite recent volatility, Power Solutions International's strategic focus on high-growth, high-margin industries has driven significant financial improvements, including a 122% YoY net income increase in Q3 FY2024. PSIX's strong cost control, reduced debt, and increased liquidity position it well for continued growth, with potential EPS revisions providing additional catalysts.
- 12/23/2024
|
Power Solutions International: Recent Dip Offers A Decent Buying Opportunity
- Power Solutions' Q3 2024 top line grew nearly 9% year-over-year, driven by strong demand in the power system end market, with adjusted EBITDA margin up 470 bps to 17.3%. PSIX is strategically shifting toward high-growth sectors like data centers and oil and gas, supporting top-line growth despite challenges in industrial and transportation markets. With strong margins and a promising long-term outlook, PSIX presents an attractive buying opportunity at the current levels.
- 12/13/2024
|
Power Solutions: This Rally Should Keep Going
- I believe Power Solutions is significantly undervalued, with a potential for 40-50% market cap growth despite a 13x rise YTD, driven by strategic shifts. Q3 2024 results show net sales up 9% YoY, gross profit up 31%, and net income up 122%, highlighting strong financial performance. The company's focus on high-growth markets like data centers and oil & gas, while reducing emphasis on mature markets, supports future growth.
- 12/10/2024
|
Power Solutions: Data Center Pivot Is Make Or Break, Here's What Comes Next
- Power Solutions International stock has surged over 1400% since May. The company's pivot toward the data center offers potential upside. Margin expansion and growth could warrant a speculative buy opportunity.
- 12/10/2024
|
Four Growth Stocks For The Fourth Industrial Revolution
- Industry 4.0 technologies are driving growth for Argan, Inc., Powell Industries, Limbach Holdings, and Sterling Infrastructure, with AGX potentially leading for 2025. Despite high valuations, AGX's strong balance sheet, no debt, and growing backlog make it the best long-term growth stock among the four. POWL and STRL show strong growth but face valuation concerns and potential volatility; both are rated Hold, similar to LMB.
- 12/04/2024
|
Power Solutions International to Participate in the 15th Annual Craig-Hallum Alpha Select Conference
- WOOD DALE, Ill., Nov. 19, 2024 (GLOBE NEWSWIRE) -- Power Solutions International, Inc. (the “Company” or “PSI”) (OTC Pink: PSIX), a leader in the design, engineering and manufacture of emission-certified engines and power systems, today announced that Dino Xykis, Chief Executive Officer, Kenneth Li, Chief Financial Officer, Randall Lehner, General Counsel and Head of Investor Relations, and William Buzogany, VP of Human Resources and Senior Counsel at PSI will participate in investor meetings at the Craig-Hallum 15th Annual Alpha Select Conference on November 19, 2024, in New York, NY.
- 11/19/2024
|
Power Solutions: A Hidden Gem From SA Quant
- Power Solutions International has seen a six-fold increase in share price, driven by a strategic focus on high-growth markets like data centers. Q3 earnings report shows 9% YoY revenue growth, with the Power Systems segment growing by almost 40%, significantly boosting profitability. PSIX's clean balance sheet and successful debt refinancing provide financial flexibility for future growth, with a projected 50% upside potential.
- 11/08/2024
|
Power Solutions International Announces Third Quarter 2024 Financial Results
- Net Income of $17.3 million, up 122% from a year earlier,
- 11/07/2024
|
Power Solutions International's Products Featured at TCI 2024
- WOOD DALE, Ill., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Power Solutions International, Inc. (“PSI” or “the Company”) (OTC Pink: PSIX), a leader in the design, engineering and manufacture of emission-certified engines and power systems, announced several of its products will be featured during TCI Expo 2024, which takes place Nov. 7 through 9 in the Baltimore Convention Center, 1 W Pratt St, Baltimore, MD.
- 11/06/2024
|
Power Solutions: 10x Run Is More Than Just Shareholder Excitement
- I believe Power Solutions International's pivot towards high-margin data center power systems is key to capitalize on the increasing demand in this market driven by AI. Gross margins increased to 31.8% in the last quarter, driven by the data center pivot, even though overall revenue fell YoY. The recent $120 million credit line and additional shareholder loan secure funding for further expansion in the data center power market.
- 10/29/2024
|
Power Solutions Stock: Buy This Heavy Dip
- Power Solutions International experienced a 20% stock drop yesterday, likely due to a major shareholder exit, creating an attractive entry point for investors. PSIX's fundamentals remain strong with impressive cost control, margin improvements, and promising growth in the power systems segment, particularly data centers. Despite the sell-off, PSIX's valuation is compelling with a P/E ratio of 7.65x and EV/EBITDA of 6.5x, making it a bargain.
- 10/24/2024
|
Power Solutions International to attend The Battery Show in Detroit, October 7-10
- WOOD DALE, Ill., Oct. 04, 2024 (GLOBE NEWSWIRE) -- Power Solutions International, Inc. (PSI) (OTC Pink: PSIX), a global leader in the design, engineering, and manufacture of advanced, emission-certified engines and power systems, is excited to announce its attendance in The Battery Show, scheduled from October 7 to 10, 2024, at Huntington Place in Detroit, Mich.
- 10/04/2024
|
Power Solutions: The Rally May Be In Its Early Innings
- Power Solutions International (PSIX) is strategically shifting to higher-margin segments, particularly in the power systems market, driven by strong demand in the data center sector. Despite a 9.9% revenue decline, PSIX's gross margins improved significantly to 31.8%, thanks to favorable product mix, pricing actions, and cost management. The company's financial health looks robust, with reduced debt, increased cash reserves, and strong free cash flow (despite a temporary decline due to inventory buildup).
- 09/28/2024
|
Power Solutions International: A Company With Great Potential Set To Continue Growth Further
- Power Solutions International continued its margin expansion despite top-line contraction in the first half of 2023. Continued strong demand across the power system solutions end market and favorable pricing and mix should benefit sales in the quarters ahead. Margin prospects also look promising, mainly due to strong pricing and focus on efficiency improvement.
- 09/27/2024
|
Power Solutions stock has surged; is a harsh reversal coming?
- Power Solutions (PSIX) stock price has gone parabolic this year, turning the former penny stock into one of the best-performing companies in Wall Street. It started the year trading at $1.6 and has jumped by over 1,000% to the current $20.
- 09/26/2024
|
Power Solutions International Announces New Credit Agreement with Standard Chartered Bank and New Shareholder Loan Agreement with Weichai America
- WOOD DALE, Ill., Sept. 06, 2024 (GLOBE NEWSWIRE) -- Power Solutions International, Inc. (the “Company” or “PSI”) closed on its new uncommitted senior secured revolving credit agreement (the “Credit Agreement”), with Standard Chartered Bank (“Standard Chartered”) and two other lenders. The Credit Agreement allows the Company to borrow up to $120 million at a lower interest rate than previously available and expires on August 30, 2025.
- 09/06/2024
|
Power Solutions: Uncertain Revival
- Power Solutions experienced a dramatic rise in share price, but this doesn't reflect improved fundamentals as sales continue to decline. Margin improvements are primarily due to temporary factors like legal fees reversals and lower steel prices. PSIX parent, WEICF, exerts significant control, which could potentially conflict with shareholder interests.
- 08/27/2024
|
Power Solutions International Announces Record Second Quarter 2024 Financial Results
- Net Income was $21.5 million, an increase of 236% from a year earlier,
- 08/12/2024
|
3 Stocks to Buy and Forget for the Next 3 Years
- In the fast-paced world of investing, it's rare to find low-cost growth stocks to buy and hold for the long term. Low-cost growth stocks are often found in sectors with high growth potential.
- 08/02/2024
|
Power Solutions International: Best Growth Stock For 2024, Powering Forward
- Power Solutions International (PSIX) stock has outperformed the S&P 500 by 260% in the last year, despite being undervalued at just 6x forward earnings. PSIX is rated #3 overall out of 4,457 stocks analyzed and #1 in the Industrials sector by the SA Quant system. The company has returned to profitability in 2024, with strong Q1 results, improved gross margins, and debt reduction, driving a 450% YTD stock price increase.
- 07/20/2024
|
3 Affordable Stocks Under $15 That Could Skyrocket by 2028
- Navigating the stock market was and always will be a complex pursuit. This is especially true when seeking high-growth potential within a budget and in an adverse macro environment.
- 07/16/2024
|
Top 3 Stocks to Buy Now for a 10X Return: July Edition
- In the quest for big investment returns, identifying high-growth potential stocks with the potential for exponential growth is paramount. Three standout companies are poised to deliver considerable returns over the next decade.
- 07/11/2024
|
3 Bargain Stocks Under $15 Set to Triple by 2026
- Finding promising, affordable stocks can yield substantial returns while making investments. Here, the focus is on three bargain stocks under $15, poised for considerable growth by 2026.
- 07/09/2024
|
Bel Announces Retirement of Dennis Ackerman; Steve Dawson Appointed as President of Bel's Power and Protection Segment
- WEST ORANGE, N.J., July 01, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB) today confirmed consistent with prior announcements that Dennis Ackerman will retire from the Company effective July 31, 2024 after 37 years of service, having served as President of Bel Power Solutions and Protection since 2014. As previously announced, Steve Dawson, who most recently served as Vice President of Marketing and Business Development for the Power segment, has been named to succeed Mr. Ackerman. His appointment as the new President of Bel Power Solutions and Protection is effective July 1, 2024.
- 07/01/2024
|
Can Power Solutions International Maintain The Crazy Momentum?
- Power Solutions' shares have tripled since May after the company reported upbeat Q1 2024 results. The company has issued guidance for positive revenue growth for FY 2024 thanks to strong momentum by its data center product. Power Solutions has dramatically cut down its debt and improved shareholder returns.
- 06/30/2024
|
Don't Wait Any Longer: 3 Stocks You'll Wish You Bought Sooner
- When investing in the stock market, choosing the correct stocks to buy at the right moment is vital. This can be a very effective method of accumulating money.
- 06/13/2024
|
The Next Big Hit: 3 Stocks Under $10 to Own for a 900% Upsurge
- In the ever-evolving stock market, discerning investors are always on the lookout for opportunities that promise solid returns without requiring a hefty initial investment. Here are three under-$10 stocks poised for considerable upsurges.
- 06/02/2024
|
Power Solutions International Announces Extension to $25 Million Shareholder Loan Agreement With Weichai America
- WOOD DALE, Ill., May 21, 2024 (GLOBE NEWSWIRE) -- Power Solutions International, Inc. (the “Company” or “PSI”) announced today that it amended and restated its $25 million shareholder's loan agreement (the “$25 Million Third Amended and Restated Shareholder's Loan Agreement”) with its majority stockholder, Weichai America Corp. (“Weichai”), dated as of May 20, 2024, to extend the loan maturity date to May 20, 2025. The $25 million loan under the $25 Million Third Amended and Restated Shareholder's Loan Agreement has been fully drawn as of the date of this release and is subordinated in all respects to the Company's existing $50 million senior secured revolving credit facility with Standard Chartered Bank (of which $40 million has been borrowed as of May 20, 2024).
- 05/21/2024
|
3 Massively Undervalued 10-Bagger Stocks to Buy
- If you're on the lookout for the best undervalued stocks to buy now, look no further. Savvy investors are always looking for cheap businesses with substantial growth potential.
- 05/21/2024
|
Power Solutions International Announces First Quarter 2024 Financial Results
- Net Income increased by 91%, EPS were $0.31 , an increase of $0.15 for the Quarter,
- 05/07/2024
|
Power Solutions International to Feature Products with Baudouin During Middle East Energy Show
- WOOD DALE, Ill., April 16, 2024 (GLOBE NEWSWIRE) -- Power Solutions International, Inc. (“PSI” or “the Company”) (OTC Pink: PSIX), a leader in the design, engineering and manufacture of emissions-certified engines and power systems, will showcase its 8.8-liter Power System engine during the 47th annual Middle East Energy show from April 16 to April 18, 2024 at the Dubai World Trade Center in Dubai, UAE.
- 04/16/2024
|
Power Solutions International's new website now online
- The improved site, www.psiengines.com , features a refreshed look and user-friendly navigation WOOD DALE, Ill., April 02, 2024 (GLOBE NEWSWIRE) -- Power Solutions International, Inc. (“PSI” or “the Company”) (OTC Pink: PSIX), a leader in the design, engineering and manufacture of emissions-certified engines and power systems, is excited to announce the launch of its new website.
- 04/02/2024
|
Power Solutions International Announces Extension to Credit Agreement
- WOOD DALE, Ill., March 28, 2024 (GLOBE NEWSWIRE) -- Power Solutions International, Inc. (the “Company” or “PSI”) amended its $130 million uncommitted senior secured revolving credit agreement (the “Fourth Amended and Restated Credit Agreement”), with Standard Chartered Bank, as administrative agent (“Standard Chartered”), and the lenders party thereto from time to time. The Fourth Amended and Restated Credit Agreement extends the maturity date of loans outstanding under its previous credit facility to the earlier of March 21, 2025 or the demand of Standard Chartered. The Fourth Amended and Restated Credit Agreement has an outstanding principal balance of $50 million with no principal payments scheduled as of the date of this release.
- 03/28/2024
|
Power Solutions International Approves Use of Hydrotreated Vegetable Oil (HVO) in its Diesel Engine Line
- Renewable fuel now available for stationary power generation applications across several industries WOOD DALE, Ill., March 20, 2024 (GLOBE NEWSWIRE) -- Power Solutions International, Inc. (the “Company” or “PSI”) (OTC Pink: PSIX), a leader in the design, engineering and manufacture of emission-certified engines and power systems, is excited to announce its diesel engine line is now approved for the use of Hydrotreated Vegetable Oil (HVO).
- 03/20/2024
|
Power Solutions International Announces Fourth Quarter and Full Year 2023 Financial Results
- Net Income $8.4 million , EPS $0.36 for the Quarter
- 03/14/2024
|
Power Solutions International Appoints Randall Lehner as General Counsel
- WOOD DALE, Ill., March 01, 2024 (GLOBE NEWSWIRE) -- Power Solutions International, Inc. (the “Company”) today announced that on February 7, 2024, the Board of Directors of the Company appointed Randall D. Lehner as its General Counsel, effective March 4, 2024.
- 03/01/2024
|
Power Solutions International (PSI) engines featured at World Ag Show
- WOOD DALE, Ill., Feb. 13, 2024 (GLOBE NEWSWIRE) -- Power Solutions International, Inc. (the “Company” or “PSI”) (OTC Pink: PSIX), a leader in the design, engineering and manufacture of emission-certified engines and power systems, is excited to announce it will feature products during the World Ag Show, scheduled February 13 to February 15 in Tulare, Calif.
- 02/13/2024
|
7 Undiscovered Penny Stocks Poised for Meteoric Rises
- There are ample opportunities among undiscovered penny stocks because there are two ways that shares can move higher. First, via price discovery.
- 02/01/2024
|
Power Solutions International (PSI) Showcases Engines at PowerGen Trade Show
- WOOD DALE, Ill., Jan. 22, 2024 (GLOBE NEWSWIRE) -- Power Solutions International, Inc. (the “Company” or “PSI”) (OTC Pink: PSIX), a leader in the design, engineering and manufacture of emission-certified engines and power systems, is excited to announce its participation in PowerGen International, taking place from January 23 to January 25 at the Ernest N.
- 01/22/2024
|
Power Solutions International Announces Extension to $50 Million Shareholder Loan Agreement With Weichai America
- WOOD DALE, Ill., Dec. 05, 2023 (GLOBE NEWSWIRE) -- Power Solutions International, Inc. (the “Company” or “PSI”) (OTC Pink: PSIX), a leader in the design, engineering and manufacture of emission-certified engines and power systems, announced today that it amended and restated its $50 million shareholder's loan agreement with its majority stockholder, Weichai America Corp. (“Weichai”), dated as of November 29, 2023 (the “Third Shareholder's Loan Agreement”), to extend the loan maturity date to November 30, 2024. The $50 million loan under the Third Shareholder's Loan Agreement has been fully drawn as of the date of this report and is subordinated in all respects to the Company's existing $130 million senior secured revolving credit facility with Standard Chartered Bank (of which $65 million has been fully borrowed as of December 5, 2023).
- 12/05/2023
|
Buy Alert: Analysts Say These 3 Growth Stocks Could Double in 2024
- After a rocky couple of years, there finally seems to be some light at the end of the tunnel for growth stocks. Interest rates have stabilized, and the economy is again showing signs of strength.
- 11/30/2023
|
Power Solutions International Unveils Lithium-ion Power Unit
- WOOD DALE, Ill., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Power Solutions International, Inc. (“PSI” or “the Company”) (OTC Pink: PSIX), a leader in the design, engineering, and manufacture of emission-certified engines and power systems, is proud to announce the latest addition to its range of energy products: the Lithium-ion Power Unit.
- 11/14/2023
|
Morbark Showcases Power Solutions International's Products at TCI 2023
- WOOD DALE, Ill., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Power Solutions International, Inc. (“PSI” or “the Company”) (OTC Pink: PSIX), a leader in the design, engineering and manufacture of emission-certified engines and power systems, announced Morbark, a well-known leader in manufacturing tree care equipment, will feature several of its products during TCI Expo 2023.
- 11/14/2023
|
Power Solutions International Announces Third Quarter 2023 Financial Results
- Gross Profit increased by 16%, EPS were $0.34 , an increase of $0.20 for the Quarter,
- 11/09/2023
|
Power Solutions International Announces Second Quarter 2023 Financial Results
- Gross Profit increased by 47%, EPS increased $0.22 or $0.28 for the Quarter, Operating Cash Flows increased $34.4 million; Debt decreased $20.7 million
- 08/14/2023
|
Power Solutions International, Hexagon Agility to Feature Propane Engine Technologies during the ACT Expo
- Representatives of both companies will be on hand in the Propane Research and Education Council's booth to showcase an 8.8-liter LPG engine and fuel system Representatives of both companies will be on hand in the Propane Research and Education Council's booth to showcase an 8.8-liter LPG engine and fuel system
- 08/31/2021
|
Power Solutions International, Hexagon Agility Enter Into Master Development and Collaboration Agreement
- Partnership unites Hexagon Agility's experience in Medium Duty CNG and LPG fuel systems with PSI's engine manufacturing expertise in the on-road transportation sector Partnership unites Hexagon Agility's experience in Medium Duty CNG and LPG fuel systems with PSI's engine manufacturing expertise in the on-road transportation sector
- 08/30/2021
|
Power Solutions International Announces Second Quarter 2021 Financial Results
- Q2 Sales Increase of 20%
- 08/11/2021
|
Power Solutions Ink Additional $25M Shareholder Loan Agreement With Weichai America
- Power Solutions International Inc (OTC: PSIX) entered into an additional shareholder's loan agreement with its majority stockholder, Weichai America Corp., dated July 14, 2021. The Shareholder's Loan Agreement, which matures on May 20, 2022, provides access to up to $25 million of credit at the discretion of Weichai to supplement the company's working capital, with interest at the applicable rate of LIBOR + 4.50% per annum.
- 07/21/2021
|
Power Solutions International Announces Additional $25 Million Shareholder Loan Agreement With Weichai America
- WOOD DALE, Ill., July 20, 2021 (GLOBE NEWSWIRE) -- Power Solutions International, Inc. (the “Company” or “PSI”) (OTC Pink: PSIX), a leader in the design, engineering and manufacture of emission-certified engines and power systems, announced today that it entered into an additional shareholder's loan agreement with its majority stockholder, Weichai America Corp. (“Weichai”), dated as of July 14, 2021 (the “Shareholder's Loan Agreement”). The Shareholder's Loan Agreement, which matures on May 20, 2022, provides the Company with access to up to $25 million of credit at the discretion of Weichai to supplement the Company's working capital. Borrowings under the Shareholder's Loan Agreement will incur interest at the applicable rate of LIBOR + 4.50% per annum. As of July 15, 2021, PSI has borrowed $15 million under the Shareholder's Loan Agreement.
- 07/20/2021
|
Power Solutions International Announces First Quarter 2021 Financial Results
- WOOD DALE, Ill., May 12, 2021 (GLOBE NEWSWIRE) -- Power Solutions International, Inc. (the “Company”) (OTC Pink: PSIX), a leader in the design, engineering and manufacture of emission-certified engines and power systems, announced first quarter 2021 financial results.
- 05/12/2021
|
Power Solutions International Announces Fourth Quarter and Full Year 2020 Financial Results
- Company Expects Improved Results in 2021 To Be Driven By Increased Sales Across All End Markets Company Expects Improved Results in 2021 To Be Driven By Increased Sales Across All End Markets
- 03/30/2021
|
Power Solutions International Announces Extension to Credit Agreement
- WOOD DALE, Ill., March 26, 2021 (GLOBE NEWSWIRE) -- Power Solutions International, Inc. (the “Company” or “PSI”) (OTC Pink: PSIX), a leader in the design, engineering and manufacture of emission-certified engines and power systems, announced today that it entered into a $130 million uncommitted senior secured revolving credit facility pursuant to that certain amended and restated uncommitted revolving credit agreement dated March 26, 2021 (the “amended Credit Agreement”), between the Company and Standard Chartered Bank (“Standard Chartered”).
- 03/26/2021
|
Power Solutions International Celebrates Shipment of 1,000th Power Generation Unit to Enchanted Rock
- Powered by a 21.9-liter engine, the unit provides more than 400 kWe in power for demand response and microgrid applications Powered by a 21.9-liter engine, the unit provides more than 400 kWe in power for demand response and microgrid applications
- 01/27/2021
|
