Power Solutions: Fourth Quarter Earnings Overview
Power Solutions International Reports Fourth Quarter Earnings
Power Solutions International Inc., headquartered in Wood Dale, Illinois, announced on Monday that it achieved a net income of $16.1 million for the fourth quarter.
The company’s earnings translated to 70 cents per share, or 71 cents per share after adjusting for expenses related to stock options and severance.
During the same quarter, the manufacturer specializing in alternative-fuel power systems generated $191.2 million in revenue.
Looking at the full year, Power Solutions International recorded a total profit of $114 million, which equals $4.94 per share, with annual revenue reaching $722.4 million.
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