secwatch.observer — SEC 8-K summary
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Issuer:     POWELL INDUSTRIES INC (POWL)
CIK:        0000080420
Form:       8-K
Filed at:   2024-11-19T23:59:59+00:00
Accession:  0000080420-24-000084
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Powell Industries Q4 EPS $3.77, revenue $275M (+32% YoY); FY2024 revenue $1.0B, EPS $12.29
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- Net income Q4 $46.1M ($3.77 diluted EPS) vs $26.4M ($2.17) YoY, up 74%.
- Full year net income $149.8M ($12.29 EPS) vs $54.5M ($4.50), up 175%.
- Gross margin improved to 29.2% Q4 from 24.9% YoY; full year margin 27.0%.
- Backlog remains at $1.3B; new orders Q4 $267M, full year $1.1B.
- Management expects fiscal 2025 to be another successful year with strong backlog.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/80420/000008042024000084/0000080420-24-000084-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/80420/000008042024000084/powl-20241119.htm
  HTML page:      https://secwatch.observer/filing/0000080420-24-000084

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