Savvy Trades and Investments

[researcher59]

PSIX -34.10 to 47.14, getting pummled despite a solid earnings report .... evidently traders expected better guidance.

briefing -

Power Solutions International beats single analyst estimate by $0.22, beats on revs (81.24 -7.31) :
Reports Q3 EPS of $1.20, $0.22 better than the $0.98 single analyst estimate; Revenue increased 62% yr/yr to $203.8 mln vs. the $165.9 mln single estimate.
Outlook for 2025: The company anticipates strong sales growth of 45% for 2025 compared to 2024, driven by expected growth in the power systems end market including products supporting data centers, while sales in the industrial and transportation end markets are projected to remain flat.