In a recent report from licensing.org, Hasbro CEO Brian Goldner told analysts about the plans they have for the Power Rangers franchise and how they want to capitalize on it as much as possible starting with a "transitional" period beginning in 2019 where Hasbro will release "new entertainment content and licensed products" into the next year.
This includes plans for the Power Rangers film, as the report states that "Power Rangers' will generate an operating profit similar to Hasbro's other franchise brands and has a "significant opportunity for growth given where the brand had been most recently" and that "Hasbro will work with a film studio to develop a new Power Rangers movie as a follow-up to the 2017 release."
News of a follow-up will certainly be music to fans' ears, as the film was received positively, both critically and commercially. Along with introducing elements from the original television series in a new way, the film also elevated each of the members of the original Power Rangers team with nuanced character traits that are begging to be elaborated on in a sequel.
More:
http://comicbook.com/powerrangers/2018/08/07/power-rangers-sequel-early-development-hasbro/