Powell Industries (POWL) Misses Q1 EPS by 33c
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Powell Industries Announces Fiscal 2018 First Quarter Results
February 6, 2018 4:20 PM ESTHOUSTON, Feb. 6, 2018 /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 2018 first quarter ended December 31, 2017.Â
Revenues for the first quarter of fiscal 2018 were $90.2 million compared to revenues of $110.3 million for the first quarter of fiscal 2017. The Company reported a net loss for the first quarter of $5.7 million, or $0.49 per diluted share, compared to a net loss of $0.3 million, or $0.03 per diluted share, for the first quarter of fiscal 2017.
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