NasdaqCM:PSIXElectrical
Power Solutions International (PSIX) Is Up 22.0% After Beating Q3 Sales And Earnings Estimates - Has The Bull Case Changed?
Power Solutions International recently reported third-quarter results showing sales increasing to US$203.8 million from US$125.8 million a year earlier, while earnings rose to US$27.6 million, both ahead of analyst expectations.
This combination of strong top-line and bottom-line growth, coupled with substantial positive surprises versus forecasts, has drawn fresh attention from analysts and investors.
We’ll now look at how this strong third-quarter sales surge reshapes Power Solutions...