Powell Industries (POWL) Tops Q2 EPS by 8c; Lower Top End of FY15 EPS Guidance

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Powell Industries Announces Fiscal 2015 Second Quarter Results

May 5, 2015 4:20 PM EDT

HOUSTON, May 5, 2015 /PRNewswire/ -- Powell Industries, Inc. (NASDAQ: POWL), a leading supplier of custom engineered solutions for the management, control and distribution of electrical energy, today announced results for the fiscal 2015 second quarter ended March 31, 2015. 

Revenues for the second quarter of fiscal 2015 were $170.2 million compared to revenues of $162.3 million for the second quarter of fiscal 2014.  The Company reported a net loss from continuing operations for the second quarter of $3.7 million, or $0.31 per diluted share, compared to net income from continuing operations of $7.0 million, or $0.58 per diluted share, in the second quarter of... More