{"schema_version":"secwatch.filing_event.v1","accession":"0000080420-24-000005","form_type":"8-K","ticker":"POWL","cik":"0000080420","company_name":"POWELL INDUSTRIES INC","filed_at":"2024-01-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.963623+00:00","generated_at":"2026-06-06T15:30:10.820184+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Powell Industries Q1 revenue up 53% to $194M, EPS $1.98 vs $0.10; dividend raised 1%","bullets":["Revenue $194M (+53% YoY); net income $24.1M ($1.98 diluted EPS) vs $1.2M ($0.10) a year ago.","Gross margin 24.8% vs 15.3% YoY; improvement of 950 bps.","New orders $198M; backlog nearly doubled to $1.3B from $680M.","Cash and short-term investments $355M as of Dec 31, 2023.","Quarterly dividend raised to $0.2650/share (annualized $1.06), payable March 13, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0000080420-24-000005","json":"https://secwatch.observer/filing/0000080420-24-000005.json","markdown":"https://secwatch.observer/filing/0000080420-24-000005.md","text":"https://secwatch.observer/filing/0000080420-24-000005.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/80420/000008042024000005/0000080420-24-000005-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/80420/000008042024000005/powl-20240130.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T15:30:10.820184+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"52b7e243e2934a4d41b672042c920dbb2be55bd5","claim":"POWELL INDUSTRIES INC reported fiscal 2024 first quarter ended December 31, 2023 results: revenue $194 million, net income $24 million, or $1.98 per diluted share.","evidence_excerpt":"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 Fiscal 2024 first quarter ended December 31, 2023. All comparisons are to the comparable period in the prior fiscal year, unless otherwise noted. First Quarter Key Highlights: • Revenues totaled $194 million, an increase of 53%; • Gross profit of $48 million, or 24.8% of revenue, an improvement of 950 basis points; • Net Income of $24 million, or $1.98 per diluted share;","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/80420/000008042024000005/0000080420-24-000005-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal 2024 first quarter ended December 31, 2023"},{"label":"Revenue","value":"$194 million"},{"label":"Net income","value":"$24 million, or $1.98 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}