Powell Industries (POWL) Tops Q4 EPS by 47c, Comments on Outlook

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Go back to Powell Industries (POWL) Tops Q4 EPS by 47c, Comments on Outlook

Powell Industries Announces Fiscal 2016 Fourth Quarter Results

December 6, 2016 4:15 PM EST

HOUSTON, Dec. 6, 2016 /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 2016 fourth quarter and year ended September 30, 2016. 

Revenues for the fourth quarter of fiscal 2016 were $129.8 million compared to revenues of $162.3 million for the fourth quarter of fiscal 2015.  The Company reported net income for the fourth quarter of $5.5 million, or $0.48 per diluted share, compared to net income of $6.3 million, or $0.54 per diluted share, for the fourth quarter of fiscal 2015.  Excluding... More