PSI announces second quarter 2026 financial results
Net sales were $152.5 million, net income $16.9 million, diluted EPS $0.73, and total debt reduced by about $30.8 million.
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Industrial engine and power system manufacturer
psiengines.comLast updated
In short: PSI appointed Richard Hu as CEO and reported Q2 2026 sales of $152.5 million while facing legal scrutiny over investor disclosures.
Net sales were $152.5 million, net income $16.9 million, diluted EPS $0.73, and total debt reduced by about $30.8 million.
Hu, selected after a Spencer Stuart search, brings 25+ years of global leadership experience.
Net sales were $128.6 million, net income $7.3 million, diluted EPS $0.32.
The call will be held on May 11, 2026 at 5:00 p.m. Eastern time, and the earnings press release will be issued after market close.
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