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Profire Energy Inc - PFIE STOCK NEWS

Welcome to our dedicated page for Profire Energy news (Ticker: PFIE), a resource for investors and traders seeking the latest updates and insights on Profire Energy stock.

Profire Energy Inc (PFIE) delivers specialized burner management systems and combustion control technologies for industrial safety in the oil and gas sector. This news hub provides investors and industry professionals with essential updates on operational developments, regulatory compliance achievements, and strategic initiatives.

Access real-time announcements including earnings reports, technology innovations, and partnership updates. Our curated collection ensures you stay informed about PFIE's advancements in combustion efficiency solutions while monitoring their adherence to evolving environmental standards.

Key updates across multiple categories: financial performance disclosures, safety system enhancements, EPA compliance milestones, and executive leadership changes. Content is rigorously verified to maintain accuracy and relevance for both technical experts and general investors.

Bookmark this page for streamlined access to Profire Energy's latest developments. Combine regular monitoring with our historical archive to track the company's progress in improving industrial combustion safety across North American energy markets.

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Profire Energy, Inc. (NASDAQ: PFIE) reports best nine-month revenue in company history, with a 37% increase to $43.8 million. Gross margin also increased by 470 basis points, reaching 51.9%. The company also achieved a net income of $7.5 million, or $0.15 per diluted share, compared to $2.1 million and $0.04 in the prior-year period. EBITDA reached $10.1 million, up from $4.0 million. The positive financial results reflect the company's consistent growth and financial strength.
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Profire Energy, Inc. will hold a conference call on November 9, 2023, to discuss its 2023 third-quarter results. Co-CEOs Ryan Oviatt and Cameron Tidball will host the presentation.
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Profire Energy to present at Dawson James Small Cap Growth Conference
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Profire Energy reports best six-month revenue and net income in company history. Revenue of $14.4 million, a 50% increase. Gross profit of $7.4 million, a 68% increase. Net income of $2.9 million. Generated EBITDA of $3.7 million. Cash and investments of $17.4 million with no debt. Began repurchasing shares under $2 million share repurchase program.
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Profire Energy reports second-highest quarterly revenue and best-ever net income in company history. The company also announces a $2M share repurchase program.
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Profire Energy, Inc. (NASDAQ: PFIE) announced a conference call on May 10, 2023, at 8:30 a.m. ET to discuss its first-quarter financial results for the period ending March 31, 2023. The financial results will be disclosed in a press release prior to the call. Co-CEOs Ryan Oviatt and Cameron Tidball will lead the discussion, which will include a question-and-answer session. Interested parties can join the call via toll-free and international dial-in numbers and can also access a live webcast. A replay of the call will be available post-event until May 24, 2023. Profire Energy focuses on enhancing the efficiency and safety of industrial combustion appliances, primarily in the oil and gas industry, but is exploring applications in other sectors. The company emphasizes its commitment to mitigating environmental impacts associated with industrial operations.

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Profire Energy, Inc. (NASDAQ: PFIE) announced strong financial results for Q4 and the full year 2022, marking its second-highest quarterly revenue in company history. Q4 revenue reached $14.0 million, up 69% year-over-year, with a gross profit of $6.6 million and a net income of $1.8 million ($0.04 per diluted share). Full-year revenue totaled $45.9 million, a 74% increase, and net income was $3.9 million ($0.08 per diluted share). The company remains debt-free with $16 million in liquid assets, and has repurchased 961,221 shares. Executives express confidence in continued growth amidst ongoing supply chain challenges.

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Profire Energy (NASDAQ: PFIE) announces a conference call scheduled for March 9, 2023, at 8:30 a.m. ET to discuss its 2022 fiscal year results. The financial results will be filed with the SEC and reported in a press release prior to the call. Co-CEOs Ryan Oviatt and Cameron Tidball will host the presentation, followed by a Q&A session. Interested parties can join via toll-free dial-in or international numbers. A webcast will also be available for live streaming and replay for one year. Profire Energy focuses on enhancing combustion efficiency and safety, primarily in the oil and gas sector, and is exploring applications in other industries.

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Profire Energy, a technology company focused on enhancing industrial combustion efficiency, announced that Co-CEOs Ryan Oviatt and Cameron Tidball will present at the Southwest IDEAS Investor Conference on November 17, 2022. The presentation is set for 10:15 AM CT and will be available via a live webcast. Investors interested in attending can contact Steven Hooser at (214) 872-2710. Profire specializes in combustion management systems and is actively expanding its presence beyond the oil and gas sectors.

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Profire Energy Inc

Nasdaq:PFIE

PFIE Rankings

PFIE Stock Data

117.35M
35.06M
26.27%
56.14%
0.18%
Oil & Gas Equipment & Services
Oil & Gas Field Machinery & Equipment
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United States
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