Company description

Fri, 26 Dec 2008 05:00:00 GMT

Digital Power Corporation is a world-class solution-driven organization that designs, develops, manufactures, markets and sells switching power supply solutions to the telecom, datacom, industrial, medical, and military industries.

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Fri, 30 Jun 2017 04:00:00 GMT

Digital Power Corporation (AMEX:DPW) ($0.48, was marked up over 50% pre-market) - There is an end of quarter update coming out of DPW's camp. We first noted the company here on March 15, 2017 when shares were up on a significant contract. Now they have disclosed a further increase in customer backlog to over $65 mln, $8M more than their prior update issued on May 17, 2017.

The increase was attributed to organic growth from new and current customers of DPW and the consolidation of financial reporting which now includes Microphase Corporation. Amos Kohn, the Company's President and Chief Executive Officer, stated,

"We continue to see strength in our custom power supply business as our order book grows. With the purchase of Microphase Corporation, we will also see strong cost savings which will increase our gross and net margins. We are very excited about our continuing prospects to reduce costs while expanding production across the enterprise."

DPW is engaged in the design, manufacture and sale of power system solutions for applications in the medical, military, telecom and industrial markets.

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