Powell Industries, Inc. Provides Earnings Guidance for the Second Half of Fiscal Year 2022
December 07, 2021 at 09:31 pm
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Powell Industries, Inc. provided earnings guidance for the second half of fiscal year 2022. For the period, considering dynamics, as well as usual first fiscal quarter seasonality impact, the company anticipates an improvement in profitability relative to the first half of fiscal 2022.
Powell Industries, Inc. develops, designs, manufactures and services custom-engineered equipment and systems. The Company distributes, controls and monitors the flow of electrical energy and provides protection to motors, transformers and other electrically powered equipment. Its principal products include integrated power control room substations (PCRs), custom-engineered modules, electrical houses (E-Houses), traditional and arc-resistant distribution switchgear and control gear, medium-voltage circuit breakers, monitoring and control communications systems, motor control centers, switches and bus duct systems. Its products are designed for application voltages ranging from approximately 480 volts to 38,000 volts and are used in oil and gas refining, onshore and offshore oil and gas production, petrochemical, liquefied natural gas (LNG) terminals, pipeline, terminal, mining and metals, light rail traction power, electric utility, pulp and paper and other industrial markets.
POWELL INDUSTRIES, INC. 
