Powell Industries Gains From Business Strength Amid Headwinds
Key Takeaways POWL's utility revenues rose 31% and industrial sales grew 18% in Q3 FY25, driving strong bookings.Backlog hit 362M in diverse new order wins across markets.Powell plans a 40M in investments to boost production.Powell Industries, Inc. (POWL) is witnessing solid momentum across its electric utility and commercial & other industrial markets. The company’s increased participation across the electrical power value cha ...