Overview

* Pioneer Power Q3 2025 revenue of $6.9 mln beats analysts' expectations

* Company reaffirms full-year 2025 revenue guidance of $27 mln to $29 mln

* Gross profit declines due to unfavorable sales mix

Outlook

* Pioneer reaffirms full-year 2025 revenue guidance of $27 mln to $29 mln

* Company expects no 2025 revenue from new PowerCore solution

* Outlook assumes backlog orders will translate into revenue

Result Drivers

* SERVICE SALES - Revenue growth primarily due to increased service sales in Critical Power Solutions segment

* SALES MIX IMPACT - Gross profit decline attributed to unfavorable sales mix

* ELECTRIFICATION PROJECTS - Key deployments in school bus and fleet electrification contributed to results

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $6.89 $6.59

Revenue mln mln (2

Analysts

)

Q3 EPS -$0.21

Q3 Net -$2.35

Income mln

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the heavy electrical equipment peer group is "buy"

* Wall Street's median 12-month price target for Pioneer Power Solutions Inc ( PPSI ) is $10.50, about 60% above its November 12 closing price of $4.20

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)