NasdaqCM:PSIXElectrical
Does Power Solutions International’s (PSIX) New CEO and Steady Outlook Reframe Its Execution Risk?
In early August 2026, Power Solutions International, Inc. reported that second-quarter 2026 sales fell to US$152.54 million from US$191.91 million a year earlier, with net income easing to US$16.86 million, while also guiding that second-half 2026 sales should exceed the first half and roughly match the prior-year second half as larger Power Systems orders move into revenue.
Ahead of this guidance, the company appointed Richard Hu as CEO, bringing more than 25 years of global powertrain and...