Powell Industries (POWL) Tops Q2 EPS by 26c

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Go back to Powell Industries (POWL) Tops Q2 EPS by 26c

Powell Industries Announces Fiscal 2020 Second Quarter Results

May 5, 2020 4:20 PM EDT

HOUSTON, May 5, 2020 /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 2020 second quarter ended March 31, 2020.

Revenues for the second quarter of fiscal 2020 were $151.6 million compared to revenues of $134.2 million for the first quarter of fiscal 2020 and revenues of $123.7 million for the second quarter of fiscal 2019. The Company reported net income for the second quarter of 2020 of $7.4 million, or $0.64 per diluted share, compared to net income of $2.8 million, or $0.24... More