Press Releases
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.
Net Income was $21.5 million , an increase of 236% from a year earlier, Gross Margin was 31.8%, an increase of 9.7% from a year earlier, EPS were $0.94 , an increase of $0.66 from a year earlier, Debt decreased $5.0 million , Shareholder Equity increased to $24.8 million . WOOD DALE, Ill. , Aug.
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
Net Income increased by 91%, EPS were $0.31 , an increase of $0.15 for the Quarter, Gross Margin 27.0%, an increase of 6.9% for the Quarter, Operating Cash Flows were $15.6 million , an increase of $10.6 million for the Quarter, Debt decreased $5.0 million for the Quarter, Shareholder Equity
Companies will display 8.8-liter Power System Engine during energy product-focused show, scheduled from April 16 to April 18 in Dubai. WOOD DALE, Ill. , April 16, 2024 (GLOBE NEWSWIRE) -- Power Solutions International , Inc. (“PSI” or “the Company”) (OTC Pink: PSIX), a leader in the design,
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
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
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
Net Income $8.4 million , EPS $0.36 for the Quarter Full Year Net Income $26.3 million , an increase of 133% , EPS $1.15 Full Year Operating Cash Flows $70.5 million , an increase of $79.4 million Debt decreased $65.8 million year-to-date, $15.1 million for the Quarter WOOD DALE, Ill.
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 . Mr.