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Powell Industries Inc. Reports Rise In Q1 Bottom Line

February 06, 2025 — 05:17 pm EST

Written by RTTNews.com for RTTNews->

(RTTNews) - Powell Industries Inc. (POWL) reported earnings for its first quarter that increased from last year

The company's earnings totaled $34.76 million, or $2.86 per share. This compares with $24.09 million, or $1.98 per share, last year.

The company's revenue for the period rose 24.4% to $241.43 million from $194.02 million last year.

Powell Industries Inc. earnings at a glance (GAAP) :

-Earnings: $34.76 Mln. vs. $24.09 Mln. last year. -EPS: $2.86 vs. $1.98 last year. -Revenue: $241.43 Mln vs. $194.02 Mln last year.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.
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