Powell Industries Announces Third Quarter Fiscal 2024 Results
Powell(POWL) GlobeNewswire News Room·2024-07-31 04:15
HOUSTON, July 30, 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 third quarter of fiscal 2024 ended June 30, 2024. All comparisons are to the third quarter of fiscal 2023, unless otherwise noted. Third Quarter Key Financial Highlights: Revenues totaled $288 million, an increase of 50%;Gross profit of $82 million, or 28.4% of revenue;Net incom ...