Shares of Powell Industries POWL moved higher in after-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share fell 112.50% year over year to ($0.03), which missed the estimate of $0.21.
Revenue of $106,575,000 declined by 20.56% year over year, which missed the estimate of $107,320,000.
Guidance
Powell Industries hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
Price Action
52-week high: $43.06
52-week low: $15.62
Price action over last quarter: Up 0.34%
Company Overview
Powell Industries Inc is a United States-based company that develops, designs, manufactures, and services custom-engineered equipment and systems for electrical energy distribution, control, and monitoring. The company's principal products comprise integrated power control room substations, custom-engineered modules, electrical houses, traditional and arc-resistant distribution switchgear and control gear, and so on. These products are applied in oil and gas refining, offshore oil and gas production, petrochemical, pipeline, terminal, mining and metals, light-rail traction power, electric utility, pulp and paper, and other heavy industrial markets. The company generates the majority of its sales from the United States.
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