Powell Industries (POWL) Misses Q4 EPS by 1c, Revenues Miss

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Go back to Powell Industries (POWL) Misses Q4 EPS by 1c, Revenues Miss

Powell Industries Announces Fiscal 2020 Fourth Quarter Results

December 8, 2020 4:15 PM EST

HOUSTON, Dec. 8, 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 fourth quarter ended September 30, 2020.

Key Highlights:

Revenues for the fourth quarter of fiscal 2020 totaled $115 million, Net Income in the fiscal fourth quarter of 2020 was $3.0 million or $0.25 per diluted share, Cash and short-term investments as of September 30, 2020 totaled $179 million, Backlog as of September 30, 2020 totaled $477 million.

Brett A. Cope, Powell's... More