secwatch.observer — SEC 8-K summary
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Issuer:     POWELL INDUSTRIES INC (POWL)
CIK:        0000080420
Form:       8-K
Filed at:   2021-08-03T23:59:59+00:00
Accession:  0000080420-21-000036
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Powell Industries Q3 net loss of $2.0M ($0.17/diluted); declares $0.26 dividend
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- Revenue $115.8M, net loss $2.0M ($0.17 loss per diluted share) vs prior year net income $3.5M ($0.30 EPS).
- Backlog $426M (down 3% sequentially); new orders $103M, up from $81M in Q3 2020.
- Quarterly cash dividend $0.26 per share, payable Sept 15, 2021 to holders of record Aug 18, 2021.
- Management cites inflationary headwinds from commodity prices; cautiously optimistic on gradual improvement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/80420/000008042021000036/0000080420-21-000036-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/80420/000008042021000036/powl-20210803.htm
  HTML page:      https://secwatch.observer/filing/0000080420-21-000036

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer