When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
PFIE - Profire Energy: Intrigued Again By This High Risk High Reward Play
Profire Energy Inc.
On August 7th, burner and chemical management systems company Profire Energy (PFIE) delivered its second all-around miss of the past three quarters.
Revenues of $10.12 million pulled back 11% YOY, the most since early 2016, on the back of lower crude oil prices and a soft energy space, in general. Driven in great part by the top-line headwinds and also by slightly lower margins, EPS of $0.02 fell a penny short of expectations. Shares sold off once again, reaching a two-year low that is 75% off their June 2018 peak.