Powell Industries (POWL) Tops Q4 EPS by 95c

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Go back to Powell Industries (POWL) Tops Q4 EPS by 95c

Powell Industries Announces Fiscal 2023 Fourth Quarter And Full Year Results

December 5, 2023 4:30 PM EST

HOUSTON, Dec. 05, 2023 (GLOBE NEWSWIRE) -- 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 2023 fourth quarter and full year ended September 30, 2023. All comparisons are to the comparable period in the prior fiscal year, unless otherwise noted.

Fourth Quarter Key Highlights:

Revenues totaled $209 million, an increase of 28%;Gross profit was $52 million, or 24.9% of revenue, an improvement of... More