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Pioneer Power Solutions reports decrease in Gross margin

Nov 10, 2017
Companies
Posted by Staff

Pioneer Power Solutions has announced its financial results for the third quarter and year-to-date periods ended September 30, 2017.

The company reports revenues of $29.8 million for the quarter, up 1.4% compared to $29.4 million in Q3 2016.

The Gross margin of 18.3% has declined compared to Q3 2016 (22.2%).

Source: Business Insider

Photo: Pioneer Power Solutions

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