Powell Industries (POWL) Misses Q4 EPS by 2c, Guides FY16 Well Below Consensus

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Go back to Powell Industries (POWL) Misses Q4 EPS by 2c, Guides FY16 Well Below Consensus

Powell Industries Announces Fiscal 2015 Fourth Quarter And Year-End Results

December 1, 2015 4:15 PM EST

HOUSTON, Dec. 1, 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 fourth quarter and year ended September 30, 2015. 

Revenues from continuing operations for the fourth quarter of fiscal 2015 were $162.3 million compared to revenues of $162.8 million for the fourth quarter of fiscal 2014.  Net income for the fourth quarter of 2015 was $6.3 million, or $0.54 per diluted share, compared to net income of $2.4 million, or $0.20 per diluted share, in the fourth quarter of fiscal 2014. ... More