Powell Industries (POWL) Misses Q3 EPS by 18c
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Powell Industries Announces Fiscal 2021 Third Quarter Results
August 3, 2021 4:15 PM EDTHOUSTON, Aug. 3, 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 third quarter ended June 30, 2021.
Fiscal Third Quarter Key Highlights:
Revenues totaled $116 million; Backlog as of June 30, 2021 totaled $426 million; Net Loss was $2.0 million, or a $0.17 loss per diluted share; Cash and short-term investments as of June 30, 2021 totaled $129 million.Brett A. Cope, Powell's Chairman and Chief Executive Officer, stated,... More
