Power Solutions International CEO Resigns Amid Earnings Miss
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 48 minutes ago
0mins
Should l Buy PSIX?
Source: seekingalpha
- Executive Change: Power Solutions International (PSIX) announced the immediate resignation of CEO Constantine Xykis, with CFO Xun Li appointed as interim CEO, highlighting challenges in executive stability within the company.
- Leadership Background: Xykis joined PSIX in 2020 as VP of Engineering and became CTO before his promotion to CEO in April 2023, bringing over 30 years of industry experience from roles at Cummins and Generac Power Systems, while Li has served as CFO since August 2022, with extensive financial management experience.
- Performance Decline: PSIX reported a significant miss on Q1 adjusted earnings and revenues, leading to a nearly 40% drop in stock price on Tuesday, primarily due to weaker oil and gas demand, and the company declined to provide full-year guidance, indicating uncertainty in market conditions.
- Market Reaction: The combination of poor performance and executive turnover has shaken investor confidence in PSIX, leading to a cautious outlook on the company's future growth prospects, which may impact its financing and business expansion capabilities.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy PSIX?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on PSIX
Wall Street analysts forecast PSIX stock price to rise
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 38.000
Low
101.51
Averages
101.51
High
101.51
Current: 38.000
Low
101.51
Averages
101.51
High
101.51
About PSIX
Power Solutions International, Inc. designs, engineers, and manufactures a broad range of advanced, emission-certified engines, power systems, and accessories. It provides integrated turnkey solutions to global original equipment manufacturers and end-user customers. It develops and delivers complete power systems that are used worldwide in stationery and mobile power generation applications supporting standby, prime, demand response and microgrid solutions, as well as products and packages supporting the rapidly growing data center markets. Its industrial segment provides engine and battery powertrain solutions to serve applications such as forklifts, agricultural and turf, arbor care, industrial sweepers, aerial lifts, irrigation pumps, ground support, construction equipment. Its transportation segment provides engine powertrain solutions to specialized applications such as terminal tractors, port equipment, military vehicles, and other non-road vocational vehicles.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Power Solutions International CEO Resigns Amid Earnings Miss
- Executive Change: Power Solutions International (PSIX) announced the immediate resignation of CEO Constantine Xykis, with CFO Xun Li appointed as interim CEO, highlighting challenges in executive stability within the company.
- Leadership Background: Xykis joined PSIX in 2020 as VP of Engineering and became CTO before his promotion to CEO in April 2023, bringing over 30 years of industry experience from roles at Cummins and Generac Power Systems, while Li has served as CFO since August 2022, with extensive financial management experience.
- Performance Decline: PSIX reported a significant miss on Q1 adjusted earnings and revenues, leading to a nearly 40% drop in stock price on Tuesday, primarily due to weaker oil and gas demand, and the company declined to provide full-year guidance, indicating uncertainty in market conditions.
- Market Reaction: The combination of poor performance and executive turnover has shaken investor confidence in PSIX, leading to a cautious outlook on the company's future growth prospects, which may impact its financing and business expansion capabilities.
See More
Class Action Lawsuit Filed Against Power Solutions International
- Lawsuit Background: Bragar Eagel & Squire has filed a class action lawsuit against Power Solutions International in the U.S. District Court for the Northern District of Illinois on behalf of investors who purchased securities between May 8, 2025, and March 2, 2026, aiming to protect shareholder rights.
- Allegations of Misrepresentation: The lawsuit alleges that Power Solutions made false and misleading statements during the class period, failing to disclose its overstated ability to capture sales demand in the data center market and the understated costs and inefficiencies related to manufacturing capacity enhancements, misleading investors about the company's prospects.
- Investor Losses: As the true details emerged, investors suffered damages, and the lawsuit seeks compensation for affected investors, who must apply to be lead plaintiffs by May 19, 2026.
- Legal Consultation Opportunity: Bragar Eagel & Squire encourages all investors who purchased Power Solutions shares during the class period and experienced losses to contact them for more information and to discuss their legal rights, offering no-cost legal consultation services.
See More
Multiple Companies Facing Class Action Lawsuits
- Gemini Lawsuit Overview: Gemini Space Station, Inc. is accused of overstating the viability of its core business from September 2025 to February 2026, leading to significant restructuring risks for investors, with a lead plaintiff deadline approaching on May 18, 2026.
- Power Solutions Lawsuit Details: Power Solutions International, Inc. faces allegations of false statements regarding its ability to capture sales demand in the data center market from May 2025 to March 2026, with a lead plaintiff deadline set for May 19, 2026.
- Hercules Capital Lawsuit Issues: Hercules Capital, Inc. is charged with overstating its due diligence processes from May 2025 to February 2026, which has undermined investor confidence in its portfolio valuations, with a lead plaintiff deadline on May 19, 2026.
- Lufax Lawsuit Background: Lufax Holding Ltd. is accused of lacking adequate internal controls and materially misstating financial results from April 2023 to January 2025, with a lead plaintiff deadline of May 20, 2026.
See More
Multiple Companies Face Class Action Lawsuits
- Gartner Class Action: Gartner, Inc. faces a class action lawsuit for the period from February 4, 2025, to February 2, 2026, alleging that the company misled investors about its ability to meet consulting revenue targets and maintain CV growth rates, with a lead plaintiff deadline of May 18, 2026.
- Power Solutions Issues: Power Solutions International, Inc. is accused in a class action lawsuit covering May 8, 2025, to March 2, 2026, of overstating its sales capabilities in the data center market and failing to accurately reflect the impact of manufacturing capacity enhancements, with a lead plaintiff deadline of May 19, 2026.
- Gemini Business Risks: Gemini Space Station, Inc. faces allegations in a class action lawsuit from September 12, 2025, to February 17, 2026, of overstating the viability of its crypto platform and international expansion commitments, posing potential restructuring risks for investors, with a lead plaintiff deadline of May 18, 2026.
- Hercules Valuation Errors: Hercules Capital, Inc. is implicated in a class action lawsuit for the period from May 1, 2025, to February 27, 2026, for significant errors in due diligence and portfolio valuation, misleading investors, with a lead plaintiff deadline of May 19, 2026.
See More
Power Solutions International Faces Class Action Lawsuit from Shareholders
- Class Action Initiated: Bernstein Liebhard LLP announces a class action lawsuit on behalf of investors who purchased Power Solutions International, Inc. (NASDAQ: PSIX) securities between May 8, 2025, and March 2, 2026, alleging misrepresentations regarding the company's ability to capture sales demand in the data center market, potentially leading to investor losses.
- Lawsuit Details Revealed: The lawsuit claims that the defendants made misleading statements about their power systems solutions' sales demand capture capabilities, affecting investor expectations for the company's future performance, which may have resulted in a stock price decline and harmed shareholder interests.
- Investor Action Guidance: Investors wishing to participate in the lawsuit or serve as lead plaintiffs must file relevant documents by May 19, 2026; those who take no action will be considered absent class members and may not share in any recovery.
- Law Firm Background: Bernstein Liebhard LLP has recovered over $3.5 billion for clients since 1993 and has been recognized multiple times in The National Law Journal's “Plaintiffs’ Hot List” for its success in handling hundreds of class actions, demonstrating its strong capabilities in securities litigation.
See More
Power Solutions International Class Action Lawsuit Announcement
- Class Action Initiation: Robbins Geller law firm announces that investors who purchased Power Solutions International (NASDAQ:PSIX) securities between May 8, 2025, and March 2, 2026, have until May 19, 2026, to apply as lead plaintiffs in the class action lawsuit, highlighting investor concerns over potential legal risks.
- Declining Financial Performance: In Q3 2025, Power Solutions International reported a gross margin of 23.9%, a 5.0% year-over-year decrease primarily due to temporary inefficiencies from accelerated production, reflecting challenges in meeting demand in the data center market that could impact future investor confidence.
- Stock Price Volatility: Following the Q3 2025 earnings report, Power Solutions International's stock price fell over 19%, and after the Q4 2025 results revealed an 8% year-over-year decline in gross margin, the stock dropped nearly 29%, indicating market pessimism regarding the company's outlook.
- Legal Process Explanation: Under the Private Securities Litigation Reform Act of 1995, any investor who purchased Power Solutions International securities during the class period can seek appointment as lead plaintiff, emphasizing the importance of investor representation in legal actions for shareholder rights.
See More
Power Solutions International CEO Resigns Amid Earnings Miss
- Executive Change: Power Solutions International (PSIX) announced the immediate resignation of CEO Constantine Xykis, with CFO Xun Li appointed as interim CEO, highlighting challenges in executive stability within the company.
- Leadership Background: Xykis joined PSIX in 2020 as VP of Engineering and became CTO before his promotion to CEO in April 2023, bringing over 30 years of industry experience from roles at Cummins and Generac Power Systems, while Li has served as CFO since August 2022, with extensive financial management experience.
- Performance Decline: PSIX reported a significant miss on Q1 adjusted earnings and revenues, leading to a nearly 40% drop in stock price on Tuesday, primarily due to weaker oil and gas demand, and the company declined to provide full-year guidance, indicating uncertainty in market conditions.
- Market Reaction: The combination of poor performance and executive turnover has shaken investor confidence in PSIX, leading to a cautious outlook on the company's future growth prospects, which may impact its financing and business expansion capabilities.
See More
Class Action Lawsuit Filed Against Power Solutions International
- Lawsuit Background: Bragar Eagel & Squire has filed a class action lawsuit against Power Solutions International in the U.S. District Court for the Northern District of Illinois on behalf of investors who purchased securities between May 8, 2025, and March 2, 2026, aiming to protect shareholder rights.
- Allegations of Misrepresentation: The lawsuit alleges that Power Solutions made false and misleading statements during the class period, failing to disclose its overstated ability to capture sales demand in the data center market and the understated costs and inefficiencies related to manufacturing capacity enhancements, misleading investors about the company's prospects.
- Investor Losses: As the true details emerged, investors suffered damages, and the lawsuit seeks compensation for affected investors, who must apply to be lead plaintiffs by May 19, 2026.
- Legal Consultation Opportunity: Bragar Eagel & Squire encourages all investors who purchased Power Solutions shares during the class period and experienced losses to contact them for more information and to discuss their legal rights, offering no-cost legal consultation services.
See More
Multiple Companies Facing Class Action Lawsuits
- Gemini Lawsuit Overview: Gemini Space Station, Inc. is accused of overstating the viability of its core business from September 2025 to February 2026, leading to significant restructuring risks for investors, with a lead plaintiff deadline approaching on May 18, 2026.
- Power Solutions Lawsuit Details: Power Solutions International, Inc. faces allegations of false statements regarding its ability to capture sales demand in the data center market from May 2025 to March 2026, with a lead plaintiff deadline set for May 19, 2026.
- Hercules Capital Lawsuit Issues: Hercules Capital, Inc. is charged with overstating its due diligence processes from May 2025 to February 2026, which has undermined investor confidence in its portfolio valuations, with a lead plaintiff deadline on May 19, 2026.
- Lufax Lawsuit Background: Lufax Holding Ltd. is accused of lacking adequate internal controls and materially misstating financial results from April 2023 to January 2025, with a lead plaintiff deadline of May 20, 2026.
See More
Multiple Companies Face Class Action Lawsuits
- Gartner Class Action: Gartner, Inc. faces a class action lawsuit for the period from February 4, 2025, to February 2, 2026, alleging that the company misled investors about its ability to meet consulting revenue targets and maintain CV growth rates, with a lead plaintiff deadline of May 18, 2026.
- Power Solutions Issues: Power Solutions International, Inc. is accused in a class action lawsuit covering May 8, 2025, to March 2, 2026, of overstating its sales capabilities in the data center market and failing to accurately reflect the impact of manufacturing capacity enhancements, with a lead plaintiff deadline of May 19, 2026.
- Gemini Business Risks: Gemini Space Station, Inc. faces allegations in a class action lawsuit from September 12, 2025, to February 17, 2026, of overstating the viability of its crypto platform and international expansion commitments, posing potential restructuring risks for investors, with a lead plaintiff deadline of May 18, 2026.
- Hercules Valuation Errors: Hercules Capital, Inc. is implicated in a class action lawsuit for the period from May 1, 2025, to February 27, 2026, for significant errors in due diligence and portfolio valuation, misleading investors, with a lead plaintiff deadline of May 19, 2026.
See More
Power Solutions International Faces Class Action Lawsuit from Shareholders
- Class Action Initiated: Bernstein Liebhard LLP announces a class action lawsuit on behalf of investors who purchased Power Solutions International, Inc. (NASDAQ: PSIX) securities between May 8, 2025, and March 2, 2026, alleging misrepresentations regarding the company's ability to capture sales demand in the data center market, potentially leading to investor losses.
- Lawsuit Details Revealed: The lawsuit claims that the defendants made misleading statements about their power systems solutions' sales demand capture capabilities, affecting investor expectations for the company's future performance, which may have resulted in a stock price decline and harmed shareholder interests.
- Investor Action Guidance: Investors wishing to participate in the lawsuit or serve as lead plaintiffs must file relevant documents by May 19, 2026; those who take no action will be considered absent class members and may not share in any recovery.
- Law Firm Background: Bernstein Liebhard LLP has recovered over $3.5 billion for clients since 1993 and has been recognized multiple times in The National Law Journal's “Plaintiffs’ Hot List” for its success in handling hundreds of class actions, demonstrating its strong capabilities in securities litigation.
See More
Power Solutions International Class Action Lawsuit Announcement
- Class Action Initiation: Robbins Geller law firm announces that investors who purchased Power Solutions International (NASDAQ:PSIX) securities between May 8, 2025, and March 2, 2026, have until May 19, 2026, to apply as lead plaintiffs in the class action lawsuit, highlighting investor concerns over potential legal risks.
- Declining Financial Performance: In Q3 2025, Power Solutions International reported a gross margin of 23.9%, a 5.0% year-over-year decrease primarily due to temporary inefficiencies from accelerated production, reflecting challenges in meeting demand in the data center market that could impact future investor confidence.
- Stock Price Volatility: Following the Q3 2025 earnings report, Power Solutions International's stock price fell over 19%, and after the Q4 2025 results revealed an 8% year-over-year decline in gross margin, the stock dropped nearly 29%, indicating market pessimism regarding the company's outlook.
- Legal Process Explanation: Under the Private Securities Litigation Reform Act of 1995, any investor who purchased Power Solutions International securities during the class period can seek appointment as lead plaintiff, emphasizing the importance of investor representation in legal actions for shareholder rights.
See More
