Shares of Pioneer Power Solutions (NASDAQ: PPSI) surged 27.97% in after-hours trading to $3.98 following their Q2 financial results.
The increase came after the company reported a smaller-than-expected earnings loss of $0.12 per share, bettering the estimated $0.14 loss. Revenue for the quarter also exceeded expectations at $8.37 million.
For FY 2025, The company has revised its revenue outlook to a range of $27.00 million to $29.00 million, with an estimated revenue of $27.82 million.
During regular trading hours, PPSI closed at $3.11, after fluctuating between a low of $3.05 and a high of $3.25, with a trading volume of 265.50 thousand shares.
