secwatch.observer — SEC 8-K summary
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Issuer:     POWELL INDUSTRIES INC (POWL)
CIK:        0000080420
Form:       8-K
Filed at:   2022-08-02T23:59:59+00:00
Accession:  0000080420-22-000030
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Powell Industries reports Q3 net income $0.76 EPS; revenue $135.5M; declares $0.26 dividend
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- Net income of $9.1M ($0.76 diluted EPS), vs net loss of $2.0M in year-ago quarter.
- Revenue $135.5M, up 17% YoY from $115.8M.
- New orders $202M, backlog $503M (14% sequential growth).
- Includes $1.6M after-tax gain on sale of non-core division; $5.9M tax benefit.
- Quarterly cash dividend $0.26/share, payable Sept 21 to record Aug 17.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/80420/000008042022000030/0000080420-22-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/80420/000008042022000030/powl-20220802.htm
  HTML page:      https://secwatch.observer/filing/0000080420-22-000030

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