Shares of Power Solutions International, Inc. (PSIX) are soaring 5.32% in pre-market trading, following the company's announcement of exceptional second-quarter results and the securing of a significant credit facility. The auto, truck & motorcycle parts manufacturer has demonstrated strong financial performance and strategic growth potential, exciting investors.

Power Solutions International reported adjusted earnings per share of $2.24 for the quarter ended June 30, dramatically outperforming the lone analyst forecast of $0.87 per share. The company's revenue skyrocketed 73.5% to $191.91 million, considerably above the anticipated $136.50 million. This stellar performance adds to the company's impressive track record, with shares having risen 54.1% over the past quarter and an astounding 235.1% year-to-date.

In addition to the strong earnings report, Power Solutions International announced it had secured a $135 million long-term committed credit facility to support strategic growth. The company entered into a Second Amendment to its existing Uncommitted Revolving Credit Agreement with Standard Chartered Bank, increasing its committed borrowing capacity and extending the agreement through July 30, 2027. This financial backing, coupled with the company's strong market performance, positions PSIX favorably for future expansion in the dynamic automotive technology sector.