Powell Industries (POWL) Tops Q4 EPS by 32c

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Powell Industries Announces Fiscal 2021 Fourth Quarter And Full Year Results

December 7, 2021 4:15 PM EST

HOUSTON, Dec. 7, 2021 /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 2021 fourth quarter and full year ended September 30, 2021.

Fiscal Fourth Quarter Key Highlights:

Revenues totaled $130 million; Net Income was $3.3 million, or $0.28 per diluted share; New orders totaled $121 million; Backlog as of September 30, 2021 totaled $415 million; Cash and short-term investments as of September 30, 2021 totaled $134 million.

Fiscal Full Year Key Highlights:... More