Powell Industries Announces Fourth Quarter and Full Year Fiscal 2024 Results
Powell Industries, Inc. (POWL)
US:NASDAQ Investor Relations:
investor.shareholder.com/powell
Company Research
Source: GlobeNewswire
HOUSTON, Nov. 19, 2024 (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 fourth quarter and full year fiscal 2024 ended September 30, 2024. All comparisons are to the comparable periods of fiscal 2023, unless otherwise noted. Fourth Quarter Key Financial Highlights: Revenues totaled $275 million, an increase of 32%;Gross profit of $80 million, or 29.2% of revenue;Net income of $46 million, or $3.77 per diluted share, increased 74%;New orders(1) totaled $267 million;Backlog(2) as of September 30, 2024 remained at $1.3 billion;Cash and short-term investments as of September 30, 2024 totaled $358 million. Full Year Key Financial Highlights: Revenues totaled $1.0 billion, an increase of 45%;Gross profit of $273 million, or 27.0% of revenue;Net income of $150 million, or $12.29 per diluted shar
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- Powell Industries, Inc. (POWL) Q4 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Powell Industries Faces Seasonally Slow Q1 Start After Mixed Q4; Stock Tanks [Yahoo! Finance]Yahoo! Finance
- Powell Industries' Q4 Earnings Surpass Estimates, Increase Y/Y [Yahoo! Finance]Yahoo! Finance
- Powell Industries (POWL) Beats Q4 Earnings Estimates [Yahoo! Finance]Yahoo! Finance
POWL
Earnings
- 11/19/24 - Beat
POWL
Sec Filings
- 11/20/24 - Form 10-K
- 11/19/24 - Form 8-K
- 11/13/24 - Form 4
- POWL's page on the SEC website