Powell Industries (POWL) Tops Q3 EPS by 2c

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POWELL INDUSTRIES ANNOUNCES FISCAL 2022 THIRD QUARTER RESULTS

August 2, 2022 4:30 PM EDT

HOUSTON, Aug. 2, 2022 /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 2022 third quarter ended June 30, 2022.

Fiscal Third Quarter Key Highlights:

Revenues totaled $135 million;Net Income was $9 million, or $0.76 per diluted share including;$1.6 million or $0.14 per diluted share gain on the sale of a non-core division, and$5.9 million or $0.49 per diluted share from... More