Analyst, Jesse Pichel, said, "PWER delivered significant Q2 upside and guided Q3 well above Street expectations, though a seq decline from Q2. PWER appears to be gaining share in all markets despite a challenging overall environment, with a strong balance sheet with no debt, $1.66/sh in cash and has a saleable power solutions asset that may fetch $150-200M. Shares offer attractive risk/reward at current levels despite its high exposure to the European market."
FY12 EPS estimate raised from $0.49 to $0.63, FY13 cut from $0.70 to $0.65.