Powell Industries (POWL) Misses Q1 EPS by 24c
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Powell Industries Announces Fiscal 2021 First Quarter Results
February 2, 2021 4:15 PM ESTHOUSTON, Feb. 2, 2021 /PRNewswire/ --Â 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 2021 first quarter ended December 31, 2020.
Fiscal First Quarter Key Highlights:
Revenues totaled $107 million; Backlog as of December 31, 2020 totaled $465 million; Net Loss was $364 thousand, or a $0.03 loss per diluted share; Cash and short-term investments as of December 31, 2020 totaled $150 million.Brett A. Cope, Powell's Chairman and Chief Executive Officer, stated, "Despite ongoing... More
