Powell Industries (POWL) Tops Q4 EPS by 18c, Revenues Beat

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Go back to Powell Industries (POWL) Tops Q4 EPS by 18c, Revenues Beat

Powell Industries Announces Fiscal 2019 Fourth Quarter Results

December 4, 2019 4:15 PM EST

HOUSTON, Dec. 4, 2019 /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 2019 fourth quarter ended September 30, 2019.

Revenues for the fourth quarter of fiscal 2019 were $148.5 million compared to revenues of $134.9 million for the fourth quarter of fiscal 2018. The Company reported net income for the fourth quarter of 2019 of $6.5 million, or $0.56 per diluted share, compared to net income of $1.5 million, or $0.13 per diluted share, for the fourth quarter of fiscal 2018.

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