Pioneer Power Solutions Inc. has reaffirmed its financial guidance for the full year 2025, projecting revenues between $27 million and $29 million, representing a year-over-year growth of approximately 20%. This announcement follows the company's strong performance in the first quarter of 2025, where revenue grew by 103% to $6.7 million compared to the same period last year. Pioneer, a leader in distributed energy resources and mobile electric vehicle charging solutions, attributes this growth to robust demand for its on-site power solutions, particularly the e-Boost mobile charging platform. Despite a decline in gross profit and margin, the company remains optimistic about its future opportunities. Management will discuss these results and expectations in an upcoming conference call with the investment community.
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