Powell Inds Stock Price, News & Analysis

Powell Industries (NASDAQ: POWL) will release its fiscal first quarter results on February 8, 2022, after market close. A conference call is scheduled for February 9, 2022, at 11:00 AM ET, available via phone and online. The company specializes in custom-engineered solutions for electrical energy management and serves large industrial clients, including utilities and petrochemical producers. The teleconference replay will be available until February 16, 2022, along with an archived webcast on their website.

Powell Industries, Inc. (NASDAQ: POWL) reported its fiscal 2021 results, highlighting a fourth quarter revenue of $130 million and net income of $3.3 million or $0.28 per diluted share. For the full year, revenues reached $471 million with a net income of $0.6 million or $0.05 per diluted share. New orders in Q4 increased to $121 million, contributing to a backlog of $415 million. CEO Brett A. Cope emphasized a strong finish despite challenges, while CFO Michael Metcalf projected improving profitability in the second half of fiscal 2022 amidst ongoing supply chain issues.

Powell Industries (NASDAQ: POWL) will release its fiscal fourth quarter results for the period ending September 30, 2021 on December 7, 2021, after market close. A conference call to discuss the results is scheduled for December 8, 2021, at 11:00 a.m. ET, accessible via phone or online. The call will be archived for later access until December 15, 2021. Powell Industries specializes in custom-engineered solutions for the distribution and control of electrical energy, serving sectors like utilities and oil and gas.

Powell Industries, Inc. (NASDAQ: POWL) announced a quarterly cash dividend of $0.26 per share, payable on December 15, 2021, to shareholders of record by the close of business on November 17, 2021. The company, based in Houston, specializes in custom-engineered solutions for managing and distributing electrical energy, serving sectors including utilities, oil and gas, and manufacturing. This dividend marks a commitment to returning value to shareholders amidst its operational activities in diverse industrial markets.

Powell Industries (NASDAQ: POWL) reported third-quarter fiscal 2021 results, revealing revenues of $116 million, a net loss of $2 million or $0.17 per diluted share, and a backlog of $426 million as of June 30, 2021. New orders increased to $103 million, showing improvement from previous quarters. Revenue from Traction and Utility segments grew significantly by 52% and 57%, respectively. The company remains cautious due to inflationary pressures on commodities and operating activity levels but is optimistic about stabilization in key markets.

Powell Industries, Inc. (NASDAQ: POWL) has announced a quarterly cash dividend of $0.26 per share, payable on September 15, 2021. Shareholders of record as of August 18, 2021 are eligible to receive this dividend. Powell Industries specializes in engineered solutions for the management and distribution of electrical energy, catering to large industrial clients including utilities and oil producers. This dividend declaration reflects the company's commitment to returning value to its shareholders.

Powell Industries (NASDAQ: POWL) will release its fiscal third quarter results for the period ending June 30, 2021, on August 3, 2021, after market close. A conference call to discuss the results is scheduled for August 4, 2021, at 11:00 a.m. ET, accessible via phone or online. The company specializes in custom-engineered solutions for the management and distribution of electrical energy, serving sectors such as utilities and oil & gas.

Powell Industries, Inc. (NASDAQ: POWL) has declared a quarterly cash dividend of $0.26 per share, payable on June 16, 2021. Shareholders of record on May 19, 2021 will receive this dividend. The company, based in Houston, specializes in custom-engineered solutions for managing, controlling, and distributing electrical energy, catering to industries including utilities, oil and gas, and mining.

Powell Industries, Inc. (NASDAQ: POWL) reported a net loss of $0.2 million for the fiscal 2021 second quarter, with revenues of $119 million, an 11% increase sequentially. The company’s backlog as of March 31, 2021, stood at $437 million, a 6% decline from the previous year. New orders totaled $89 million, consistent with the prior quarter but down from $301 million year-over-year. Cash and short-term investments were $154 million. The outlook remains cautious due to challenges in industrial markets, although positive growth is anticipated in utility and traction sectors.