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Stock impact report

Powell Industries Inc (POWL) Q1 2026 Earnings Call Highlights: Record Backlog and Revenue ... [Yahoo! Finance]

Powell Industries, Inc. (POWL) 
US:NASDAQ Investor Relations: investor.shareholder.com/powell
Company Research Source: Yahoo! Finance
Powell Industries Inc ( NASDAQ:POWL ) reported a 4% increase in revenue compared to the prior year, despite seasonal disruptions. The company achieved a gross margin of 28.4%, an improvement of 380 basis points year over year. Powell Industries Inc ( NASDAQ:POWL ) recorded $439 million in new orders, the highest quarterly total in over two years. The backlog reached a record $1.6 billion, with significant contributions from the electric utility and commercial markets. The company is expanding its capacity, including adding leased facilities, to meet growing demand in the data center and LNG markets. There is a concern about potential cancellations in the backlog due to customers vying to secure capacity. The company faces challenges with skilled labor shortages, particularly in engineering, which could impact growth. Revenue from the petrochemical sector decreased by 31% compared to the first quarter of fiscal 2025. There is a potential risk of rising raw material pri Show less Read more
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