Powell Inds Stock Price, News & Analysis

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.

Powell Industries, Inc. (NASDAQ: POWL) has announced the release of its fiscal second quarter results for the period ending March 31, 2021. The financial results will be disclosed on May 4, 2021, after market close. Following this, a live conference call is scheduled for May 5, 2021, at 11:00 a.m. ET, which will be accessible via phone or through the company's website. A telephonic replay will be available until May 12, 2021. Powell Industries is known for providing custom-engineered solutions for the management and distribution of electrical energy.

Powell Industries (NASDAQ: POWL) announced the retirement of Chairman Emeritus Thomas W. Powell, effective after the February 16, 2022, stockholders’ meeting. Powell's tenure spans over 50 years, including three terms as CEO. He emphasized the company's strong culture and values and expressed confidence in the executive management team led by Brett Cope. Cope acknowledged Powell's contributions to the company and highlighted Powell's resilience amid the COVID-19 pandemic. Powell Industries specializes in custom-engineered solutions for electrical energy management, serving a diverse range of industrial clients.