PSI secures $220 million credit facility
Power Solutions International obtained a committed revolving credit line to support the company's continued operational and strategic growth.
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Industrial engine and power system manufacturer
psiengines.comLast updated
In short: PSI reported record 2025 results, appointed a new CEO, and acquired MTL Manufacturing to boost data-center capabilities.
Power Solutions International obtained a committed revolving credit line to support the company's continued operational and strategic growth.
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 starts August 17 with $658k salary and sign-on bonus. Li remains CFO after serving as interim CEO.
PSI appoints CFO Kenneth Li as interim CEO. The former CEO receives bonus payments and stock appreciation rights settlements.
Power Solutions International is rated Buy as Q2 2026 signals stabilization after a period of execution and capacity setbacks. Sequential revenue grew 19% and gross...
Leadership messaging shifted: Q1 prepared remarks were led by CEO Constantine Xykis, while Q2 centered on Interim CEO & CFO Li announcing, "Richard Hu will...
Detailed price information for Power Solutions International (PSIX-Q) from The Globe and Mail including charting and trades.
WOOD DALE, Ill., March 02, 2026 (GLOBE NEWSWIRE) -- Power Solutions International, Inc. (Nasdaq: PSIX), a leader in the design, engineering and manufacture of emissions-certified...
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