Powell Industries Announces Fiscal 2020 Third Quarter Results
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Powell Industries (POWL) Misses Q3 EPS by 2c, Revenues Miss
August 4, 2020 5:04 PM EDTPowell Industries (NASDAQ: POWL) reported Q3 EPS of $0.30, $0.02 worse than the analyst estimate of $0.32. Revenue for the quarter came in at $118.1 million versus the consensus estimate of $128.81 million.
Brett A. Cope, Powell's Chairman and Chief Executive Officer, stated, "As we continue to navigate through the global market uncertainty and challenges associated with the COVID-19 pandemic, our number one priority remains the safety of our employees, customers and suppliers. I am very proud of all of our employees globally for their continued efforts embracing safe work practices across all of our facilities."
Mr. Cope... More
