Reports Q2 revenue $8.37M vs $3.395M last year. “The second quarter was an excellent quarter for Pioneer,” exclaimed Nathan Mazurek, Chairman and CEO of the Company. “Revenue increased 147% year-over-year to $8.4 million, driven by the completion of several high-value orders. Gross profit more than doubled, and gross margin reached 16% of revenue, reflecting continued progress toward long-term profitability.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PPSI: