Powell Industries (POWL) Tops Q2 EPS by 13c
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Powell Industries Announces Fiscal 2017 Second Quarter Results
May 2, 2017 4:20 PM EDTHOUSTON, May 2, 2017 /PRNewswire/ --Â 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 2017 second quarter ended March 31, 2017.
Revenues for the second quarter of fiscal 2017 were $104.7 million compared to revenues of $152.3 million for the second quarter of fiscal 2016. The Company reported a net loss for the second quarter of $0.8 million, or $0.07 per share, compared to net income of $5.6 million, or $0.49 per diluted share, for the second quarter of fiscal 2016. Excluding restructuring and... More
