Powell Industries Files 8-K on Operations and Financials

TL;DR

POWL dropped an 8-K detailing financials and operations - check it out.

AI Summary

Powell Industries, Inc. (POWL) filed an 8-K on July 30, 2024, reporting on its results of operations and financial condition, along with other events and financial statements. The filing details the company's operational and financial status as of the reporting date.

Why It Matters

This 8-K filing provides crucial updates on Powell Industries' financial performance and operational status, which can influence investor decisions.

Risk Assessment

Risk Level: low — This is a routine 8-K filing providing standard operational and financial updates, not indicating any unusual risks.

Key Players & Entities

• POWELL INDUSTRIES INC (company) — Registrant
• POWL (company) — Ticker Symbol
• July 30, 2024 (date) — Date of Report
• 8550 Mosley Road Houston Texas 77075-1180 (address) — Principal Executive Offices
• 713-944-6900 (phone_number) — Registrant's Telephone Number

FAQ

Key Financial Figures

• $0.01 — ich registered Common Stock, par value $0.01 per share POWL Nasdaq Global Market I
• $0.2650 — s declared a quarterly cash dividend of $0.2650 per share payable to stockholders of re

Filing Documents

• powl-20240730.htm (8-K) — 30KB
• ex991-powlq3xfy2024earning.htm (EX-99.1) — 94KB
• ex992-powlq3xfy2024dividen.htm (EX-99.2) — 8KB
• image_0.jpg (GRAPHIC) — 31KB
• image_0b.jpg (GRAPHIC) — 37KB
• 0000080420-24-000057.txt ( ) — 359KB
• powl-20240730.xsd (EX-101.SCH) — 2KB
• powl-20240730_lab.xml (EX-101.LAB) — 21KB
• powl-20240730_pre.xml (EX-101.PRE) — 12KB
• powl-20240730_htm.xml (XML) — 3KB

02 – Results of Operations and Financial Condition

Item 2.02 – Results of Operations and Financial Condition. On July 30, 2024, Powell Industries, Inc. (NASDAQ: POWL) (the "Company") issued a press release regarding the Company's results of operations for its fiscal 2024 third quarter ended June 30, 2024. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. The information in Item 2.02 of this Current Report on Form 8-K ("Current Report") and Exhibit 99.1 attached hereto is being "furnished" and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, unless specifically identified therein as being incorporated by reference.

01 – Other Events

Item 8.01 – Other Events On July 30, 2024, the Company also issued a press release announcing that its Board of Directors declared a quarterly cash dividend of $0.2650 per share payable to stockholders of record at the close of business on August 14, 2024. This dividend will be paid on September 18, 2024. A copy of the press release is attached hereto as Exhibit 99.2 and is incorporated herein by reference.

01 – Financial Statements and Exhibits

Item 9.01 – Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 99.1 Press Release dated July 30, 2024 99.2 Press Release dated July 30, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. POWELL INDUSTRIES, INC. Date: July 30, 2024 By: /s/ Michael W. Metcalf Michael W. Metcalf Executive Vice President Chief Financial Officer (Principal Financial Officer)

View Full Filing

View this 8-K filing on SEC EDGAR