Mazurek

Pioneer Achieves 51% Year-Over-Year Increase in Revenue, Reaching $40.8 Million

Retrieved on: 
Monday, April 1, 2024
Other Energy, Hardware, EV, Electric Vehicles, Energy, Automotive, Other Automotive, Technology, Other Technology, Momentum, Miami International Airport, Growth, Infrastructure, EPS, Operating cost, Introduction, Transport, Water, Traction, Access, Bank statement, Marketing, Hand, Mazurek

Revenue was $40.8 million, as compared to $27.0 million during 2022, an increase of 51.1%.

Key Points: 
  • Revenue was $40.8 million, as compared to $27.0 million during 2022, an increase of 51.1%.
  • Loss from operations was $617,000, compared to a loss of $4.0 million during 2022, a $3.4 million improvement year-over-year.
  • The Company recognized $1.5 million of non-cash, stock-based compensation expense during 2023, as compared to $1.0 million during 2022.
  • Gross profit for 2023 was $10.4 million, or 25.5% of revenue, compared to $4.6 million, or 17.1% of revenues, for last year, an increase of $5.8 million or 840 basis points.

Pioneer Power Launches New Modular, E-Bloc Charge Port Series and Immediately Books Initial Orders Valued at More Than $2 Million

Retrieved on: 
Thursday, February 8, 2024
EV, Electric Vehicles, Automotive, Technology, Manufacturing, Batteries, Other Energy, Utilities, Other Manufacturing, Alternative Energy, Energy, Engineering, ESR, Flexible, Quote, Port, Feedback, Mazurek, Packaging and labeling, Weather, CPUC, Online shopping

The modular E-Bloc Charge Port units provide enhanced performance and improve flexibility for site-specific power distribution needs regardless of the combination of distribution feeder breakers required.

Key Points: 
  • The modular E-Bloc Charge Port units provide enhanced performance and improve flexibility for site-specific power distribution needs regardless of the combination of distribution feeder breakers required.
  • The E-Bloc Charge Port design is inherently flexible, highly scalable and smartly packaged - key differentiators in the marketplace.
  • The E-Bloc Port Charge series was engineered with an efficient design that is scalable, modular and meets SCE’s Electrical Service Requirements (ESR).
  • For additional information about the E-Bloc Charge Port series, please visit https://www.pioneerpowersolutions.com/contact/ or contact Jay Johnson at [email protected] .

Pioneer to Provide e-Boost Solution to Launch MACAW Energies' Low Carbon LNG to EV Charging in Texas

Retrieved on: 
Friday, November 17, 2023
Carbon, Mazurek, LNG, EVS, Natural gas, MACAW, Pioneer, EV, Transport

FORT LEE, N.J., Nov. 17, 2023 /PRNewswire/ -- Pioneer Power Solutions, Inc. (Nasdaq: PPSI) ("Pioneer", "Pioneer Power" or the "Company"), a leader in the design, manufacture, service and integration of electrical power systems, distributed energy resources, power generation equipment and mobile electric charging solutions, today announced that it will provide an e-Boost electric vehicle ("EV") charging solution to MACAW Energies, an integrated company that will power the system with its low-carbon liquefied natural gas ("LNG") produced with natural gas that otherwise would be flared or wasted. The e-Boost solution will be deployed at MACAW's pilot project in Texas, which aims to accelerate EV adoption of fleet customers through an ultra high-speed charging hub for MACAW's EVs powered on low-carbon, flare gas technology.

Key Points: 
  • Alternatively, e-Boost can charge up to four EV vehicles at one time, delivering 360 KW of combined power, exceeding the standards set by NEVI for highway EV charging requirements.
  • The LNG to power the e-Boost solution will be delivered to MACAW's EV charging hub as an affordable and clean energy source.
  • MACAW will utilize its industry leading liquefaction technology to treat natural gas that would otherwise be flared and wasted to produce LNG and efficiently transport the fuel to deliver low carbon energy that will power the e-Boost solution for off-grid EV charging.
  • Future MACAW EV charging hubs are planned for various locations throughout the US later in 2024.

Pioneer Power Expects Full-Year 2022 Revenue Projected to Exceed its 50% Growth Target

Retrieved on: 
Wednesday, February 8, 2023
Sale, Mazurek, Pioneer, EV

FORT LEE, N.J., Feb. 8, 2023 /PRNewswire/ -- Pioneer Power Solutions, Inc. (Nasdaq: PPSI) ("Pioneer", "Pioneer Power" or the "Company"), a leader in the design, manufacture, service and integration of electrical power systems, distributed energy resources, power generation equipment and mobile electric vehicle ("EV") charging solutions, today announced that based on preliminary and unaudited results, management expects to exceed its target of 50% year-over-year revenue growth for the year ended December 31, 2022.

Key Points: 
  • E-Bloc Solution Drives Robust Organic Growth, Record Revenue and Backlog Since Transformer Division Sale;
    FORT LEE, N.J., Feb. 8, 2023 /PRNewswire/ -- Pioneer Power Solutions, Inc. (Nasdaq: PPSI) ("Pioneer", "Pioneer Power" or the "Company"), a leader in the design, manufacture, service and integration of electrical power systems, distributed energy resources, power generation equipment and mobile electric vehicle ("EV") charging solutions, today announced that based on preliminary and unaudited results, management expects to exceed its target of 50% year-over-year revenue growth for the year ended December 31, 2022.
  • Based on preliminary and unaudited results, management believes that revenue during the fourth quarter of 2022 exceeded $10.0 million, representing the highest quarterly revenue since the sale of the Company's transformer business units in mid-2019, resulting in estimated full-year 2022 revenue of more than $27.5 million.
  • As a result, management believes it has exceeded its target of 50% year-over-year revenue growth for the year ended December 31, 2022.
  • Nathan Mazurek, Pioneer's Chairman and Chief Executive Officer, said, "The projected growth in our revenue by over 50% in 2022 was due to significant revenue from our E-Bloc offering, and we have additional E-Bloc revenue scheduled to be recognized in 2023.

Tierney Promotes Tracey Santilli to President

Retrieved on: 
Monday, February 7, 2022
Marketing, Advertising, Communications, Public Relations, Investor Relations, Yuengling, CFO, Please Touch Museum, Santilli, Growth, Culture, Rose Creative Strategies, Social media, Royalties (brand management agency), Solution, CMOS, The Interpublic Group of Companies, IPG, Empathy, NYSE, Trust, Human, Cathy, Empowerment, Chief executive officer, Workplace, Mazurek, Environment, Creativity, B2C, Company, Controller, PR, Sales, Public relations, Tierney

Tierney, an IPG agency, announced today the promotion of Tracey Santilli to President.

Key Points: 
  • Tierney, an IPG agency, announced today the promotion of Tracey Santilli to President.
  • Throughout her distinguished tenure, Tracey has been instrumental in helping drive the Tierney brand and business both inside and outside the organization.
  • "Our people and the solutions they provide our clients are critical to our success, and Tracey has played a pivotal role in cultivating both.
  • Right now, we have an opportunity to reshape culturetogetheras we reimagine what our workplace of the future will look like, said Tracey Santilli, President of Tierney.

Pioneer Power Announces $12 Million Order from One of the World's Largest Mass Merchandisers; Expected to Significantly Increase Revenue For 2022

Retrieved on: 
Tuesday, December 21, 2021
Solution, Form, Optimism, Security (finance), Electric Bond and Share Company v. Securities and Exchange Commission, Risk, Nasdaq, Disease, Private Securities Litigation Reform Act, Forward-looking statement, EV, Program, Mazurek, Company, SEC, Magazine, Online shopping, Pioneer

This initial order, valued at approximately $12 million, is expected to double sales in Pioneer's T&D Solutions business in 2022.

Key Points: 
  • This initial order, valued at approximately $12 million, is expected to double sales in Pioneer's T&D Solutions business in 2022.
  • Pioneer's E-Bloc design improves power installation by providing the flexibility to combine a wide variety of distributed energy resources in a compact, integrated package.
  • E-Bloc provides all the connectivity to install EV charging and power sources while speeding up installation and minimizing disruption to operations.
  • Investors and security holders are urged to read these documents free of charge on the SEC's web site at www.sec.gov .

Pioneer Power Reports Third Quarter 2021 Financial Results

Retrieved on: 
Tuesday, November 16, 2021
Form, Private Securities Litigation Reform Act, Pioneer, POD, Security (finance), Disease, DCFC, Risk, Income, Growth, Investment, Solution, Sport, Forward-looking statement, Mazurek, Sale, EV, Company, U.S. Securities and Exchange Commission, SEC, Program, Nasdaq, Euclid Trucks, Magazine, Cryptocurrency, Online shopping, Lithium, Electric battery

FORT LEE, N.J., Nov. 16, 2021 /PRNewswire/ --Pioneer Power Solutions, Inc. (Nasdaq: PPSI) ("Pioneer" "Pioneer Power" or the "Company"), a leader in the design, manufacture and integration of electric power systems and service, including on site power, circuit protective and control power solutions, today provided a business update and announced its financial results for the third quarter and nine months ended September 30, 2021.

Key Points: 
  • FORT LEE, N.J., Nov. 16, 2021 /PRNewswire/ --Pioneer Power Solutions, Inc. (Nasdaq: PPSI) ("Pioneer" "Pioneer Power" or the "Company"), a leader in the design, manufacture and integration of electric power systems and service, including on site power, circuit protective and control power solutions, today provided a business update and announced its financial results for the third quarter and nine months ended September 30, 2021.
  • E-Bloc revolutionizes power installation by providing the flexibility to combine a wide variety of distributed energy resources in a compact, integrated package.
  • Management will host a conference call later today, November 16, 2021 at 4:30 p.m. Eastern Time to discuss the Company's financial results with the investment community.
  • Pioneer Power Solutions, Inc. is a leader in the design, manufacture and distribution of on-site power equipment, distributed generation and Energy infrastructure for applications in the EV, utility, industrial, commercial and backup power markets.

Pioneer Power Receives Purchase Orders Totaling More than $1 Million for Distributed Generation Solutions

Retrieved on: 
Thursday, October 28, 2021
Solution, City, Disease, Security (finance), Electric Bond and Share Company v. Securities and Exchange Commission, Private Securities Litigation Reform Act, Pioneer, Mazurek, SEC, EV, Forward-looking statement, Company, Magazine, Growth, Nasdaq, Risk, Sale, Form, Online shopping, Renewable energy

Each of these orders are unique in their application yet serve the same purpose of advancing alternative energy solutions by deploying our single, integrated E-Bloc package to manage and operate distributed energy sources.

Key Points: 
  • Each of these orders are unique in their application yet serve the same purpose of advancing alternative energy solutions by deploying our single, integrated E-Bloc package to manage and operate distributed energy sources.
  • The Company's portfolio of distributed generation products, 'E-Bloc,' provides the flexibility to combine a wide variety of distributed energy resources in a compact, integrated package.
  • Pioneer Power Solutions, Inc. manufactures, sells and services a broad range of specialty electrical infrastructure and on-site power generation equipment for applications in the utility, industrial, commercial and backup power markets.
  • The Company's principal products include switchgear and engine-generator controls, complemented by a national field-service network to maintain and repair power generation assets.

MC Endeavors, Inc. Completes 100% Acquisition of Eclipse Liquids

Retrieved on: 
Monday, November 25, 2019
Mazurek

ALISO VIEJO, CA, Nov. 25, 2019 (GLOBE NEWSWIRE) -- MC Endeavors, Inc. /Eclipse Liquids (PINKSHEETS: MSMY) Mr. Mazurek is excited to announce MSMY has completed the Merger/Acquisition of 100% of Eclipse Liquids.

Key Points: 
  • ALISO VIEJO, CA, Nov. 25, 2019 (GLOBE NEWSWIRE) -- MC Endeavors, Inc. /Eclipse Liquids (PINKSHEETS: MSMY) Mr. Mazurek is excited to announce MSMY has completed the Merger/Acquisition of 100% of Eclipse Liquids.
  • I want to thank Mr. Stippick for his patience, trust and honesty during this period.
  • Eclipse has completed their financials and submitted them to the accounting firm to be consolidated and posted to OTC Markets this week.
  • Founded in 2013, Eclipse Liquids is one of only 34 AEMSA certified and FDA registered clean room laboratories and production facilities for eLiquid private label manufacturing.

MC Endeavors, Inc. /Room 21 Media Appoints Steven Mazurek to Board of Directors

Retrieved on: 
Tuesday, October 29, 2019
Mazurek

New Board Member Brings Decades of Experience in CBD, E-liquid, Manufacturing, and Online Sales

Key Points: 
  • New Board Member Brings Decades of Experience in CBD, E-liquid, Manufacturing, and Online Sales
    DANA POINT, CA, Oct. 29, 2019 (GLOBE NEWSWIRE) -- MC Endeavors, Inc. /Room 21 Media (PINKSHEETS: MSMY) today announced the appointment of Steven Mazurek to the Board of Directors to help guide our expansion into CBD Manufacturing and Sales.
  • John Stippick, CEO, states, Mr. Mazurek brings a level of experience that very few have attained in the CBD market.
  • We feel that it is important that Mr. Mazureks experience be used to guide the next steps of the companys growth.
  • Founded in 2015, with roots in eLiquid manufacturing, CBD Liquid Labs has grown to become a leader of the CBD Product manufacturing industry.