Profire Energy Q4 EPS $0.07 exceeded $0.04 estimate, revenue $14.4M, full year revenue up 27% to $58.2M.

Profire Energy (PFIE) reported Q4 EPS of $0.07, exceeding the analyst estimate of $0.04. Revenue for Q4 reached $14.4M, lower than the estimated $14.85M. For the full fiscal year, Profire Energy's revenue increased by 27% to $58.2M, with a gross profit of $30.5M (52.5% of total revenues) and net income of $10.8M ($0.22 per diluted share). The company repurchased 1.2M shares of stock for $2M and maintained $20M in cash and liquid investments, remaining debt-free.

March 13, 2024
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