secwatch.observer — SEC 8-K summary
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Issuer:     POWELL INDUSTRIES INC (POWL)
CIK:        0000080420
Form:       8-K
Filed at:   2022-12-05T23:59:59+00:00
Accession:  0000080420-22-000034
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Powell Industries Q4 revenue up 26% to $163M; record backlog $592M, EPS $0.73
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- Q4 revenue $162.7M (+26% YoY); net income $8.7M ($0.73 diluted) vs $3.3M ($0.28) last year.
- Record backlog of $592M at Sep 30, 2022 (+43% YoY); Q4 new orders $259M, more than double prior year.
- Full year revenue $532.6M (+13%); net income $13.7M ($1.15 diluted) vs $0.6M ($0.05) in FY2021.
- Guidance: revenue growth expected in most sectors; profitability improvement anticipated for FY2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/80420/000008042022000034/0000080420-22-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/80420/000008042022000034/powl-20221205.htm
  HTML page:      https://secwatch.observer/filing/0000080420-22-000034

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