Powell Industries (POWL) Tops Q2 EPS by 1c
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POWELL INDUSTRIES ANNOUNCES FISCAL 2022 SECOND QUARTER RESULTS
May 3, 2022 4:15 PM EDTHOUSTON, May 3, 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 second quarter ended March 31, 2022.
Fiscal Second Quarter Key Highlights:
Revenues totaled $128 million;Net Loss was $1.2 million, or a loss of $0.10 per diluted share;New orders totaled $151 million;Backlog as of March 31, 2022 totaled $440 million;Cash and short-term investments as of March 31, 2022 totaled $114 million.Brett A. Cope, Powell's Chairman and Chief Executive Officer,... More
