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Powell Industries Inc (POWL.OQ)

POWL.OQ on NASDAQ Stock Exchange Global Select Market

32.36USD
4:00pm EDT
Change (% chg)

$-0.07 (-0.22%)
Prev Close
$32.43
Open
$32.30
Day's High
$32.51
Day's Low
$32.17
Volume
10,866
Avg. Vol
15,351
52-wk High
$47.24
52-wk Low
$30.54

Latest Key Developments (Source: Significant Developments)

Powell Industries Q2 loss per share $0.02 excluding items
Tuesday, 2 May 2017 04:20pm EDT 

May 2 (Reuters) - Powell Industries Inc ::Powell Industries announces fiscal 2017 second quarter results.Q2 loss per share $0.02 excluding items.Q2 loss per share $0.07.Q2 revenue $104.7 million versus I/B/E/S view $102 million.Q2 earnings per share view $-0.15 -- Thomson Reuters I/B/E/S.Powell Industries Inc - Q3 revenues are expected to decline due to prior lower booking levels.Powell Industries Inc - Powell reaffirms that it expects to report a net loss in fiscal 2017.Powell Industries Inc- company's backlog as of March 31, 2017 was $228 million compared to $271 million as of December 31, 2016.Powell Industries Inc - expects Q3 orders to return to, or exceed, Q1 levels.  Full Article

Powell Industries announces fiscal 2017 Q1 results
Tuesday, 7 Feb 2017 04:20pm EST 

Powell Industries Inc : Powell Industries announces fiscal 2017 first quarter results . Q1 loss per share $0.03 . Q1 revenue $110.3 million versus I/B/E/S view $114.2 million . Q1 earnings per share view $-0.03 -- Thomson Reuters I/B/E/S . New orders placed during Q1 of fiscal 2017 totaled $91 million compared to $111 million in Q4 of fiscal 2016 . Backlog as of December 31, 2016 was $271 million compared to $291 million as of September 30, 2016 . Q2 2017 revenue is not likely to improve sequentially from Q1 .Continues to expect to report a net loss in fiscal 2017.  Full Article

Powell Industries announces fiscal 2016 fourth quarter results
Tuesday, 6 Dec 2016 04:15pm EST 

Powell Industries Inc : New orders placed during Q4 of fiscal 2016 totaled $111 million compared to $88 million in q3 of fiscal 2016 . Suspending issuance of annual financial guidance . Ended year with a backlog of $291 million . Backlog and current business conditions are not likely to improve over short-term . Revenue for Q1 2017 is not likely to improve sequentially from q4, expect to report a net loss in fiscal 2017 . Powell industries announces fiscal 2016 fourth quarter results . Q4 earnings per share $0.54 excluding items . Q4 earnings per share $0.48 . Q4 revenue $129.8 million versus I/B/E/S view $121.7 million .Q4 earnings per share view $0.07 -- Thomson Reuters I/B/E/S.  Full Article

Powell Industries says increased size of board from eight to nine members - SEC filing
Friday, 30 Sep 2016 11:40am EDT 

Powell Industries Inc :On Sept. 27 board increased size of board from eight to nine members and elected Brett A. Cope as a director - SEC filing.  Full Article

Powell Industries names Brett Cope president and CEO
Wednesday, 28 Sep 2016 04:15pm EDT 

Powell Industries Inc: Powell Industries names Brett A. Cope president and chief executive officer . Powell has served as company's chairman of board since 1984, will relinquish role of president and chief executive officer . Powell will again serve as non-executive chairman of board, effective October 1, 2016 .Thomas Powell has served as president and chief executive officer of Powell on an interim basis since December 2015.  Full Article

Powell Industries posts Q3 adj. earnings $0.47/shr
Tuesday, 2 Aug 2016 04:20pm EDT 

Powell Industries Inc : Q3 earnings per share $0.43 . Q3 earnings per share $0.47 excluding items . Sees FY 2016 revenue $550 million to $565 million . Sees 2016 adjusted earnings to range between $1.30 and $1.45 per share, compared to previous forecast of $0.80 and $1.10 per share . Q3 earnings per share view $0.12, revenue view $126.7 million -- Thomson Reuters I/B/E/S . Q3 revenue $133.2 million versus $176.7 million .FY2016 earnings per share view $1.01, revenue view $543.8 million -- Thomson Reuters I/B/E/S.  Full Article

Powell Industries Inc gives FY 2016 outlook
Tuesday, 2 Feb 2016 04:20pm EST 

Powell Industries Inc:Expects FY 2016 revenues to range between $520 million and $560 million and FY 2016 adjusted earnings to range between $0.65 and $1.05 per diluted share.Says FY 2016 earnings outlook excludes any restructuring and separation costs the Company may incur during the year.  Full Article

Powell Industries Inc declares quarterly cash dividend
Tuesday, 2 Feb 2016 04:15pm EST 

Powell Industries Inc:Board of Directors has declared a quarterly cash dividend on the Company's common stock in the amount of $0.26 per share.Dividend is payable on March 16 to shareholders of record at the close of business on February 17.  Full Article

Powell Industries announces leadership changes
Wednesday, 30 Dec 2015 04:15pm EST 

Powell Industries Inc:Announced that it has accepted the resignation of Chief Executive Officer Michael A. Lucas.Elected current Board Chair and former CEO Thomas W. Powell to succeed him.Company also promoted Brett A. Cope to Senior Vice President and Chief Operating Officer.  Full Article

Powell Industries Inc declares quarterly cash dividend
Monday, 2 Nov 2015 04:16pm EST 

Powell Industries Inc:Declared a quarterly cash dividend on the Company's common stock in the amount of $0.26 per share.Payable on December 16, 2015 to shareholders of record at the close of business on November 18, 2015.  Full Article

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